“These statistics, based on the 2007 North American Industry Classification System, estimate business spending in 2011 for new and used structures and equipment at the sector level, as well as three-digit and selected four-digit industries. The estimates provide the private sector, especially the business community, with a relevant, timely and accurate measure of current business… Continue Reading
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Author Archives: Sabrina I. Pacifici
GAO Report – Defense Business Transformation
Defense Business Transformation – Improvements Made but Additional Steps Needed to Strengthen Strategic Planning and Assess Progress, GAO-13-267, Feb 12, 2013 “DOD spends billions of dollars each year to maintain key business operations intended to support the warfighter. In 2005, GAO identified DOD’s approach to business transformation as high-risk because DOD had not established management… Continue Reading
A new training video on Advanced Searching of GPO's Federal Digital System (FDsys) is now available
“The video focuses on utilizing the FDsys Advanced Search function, using metadata to return precise results, and ways to further improve search results. The video is available on the beta Web site for FDLP.gov and on gpo.gov. Please note options for closed captioning, enlarging the video, and volume control from the menu in the bottom… Continue Reading
Metro Area Near New York City Has Highest Concentration of High-Income Households, Census Bureau Reports
“The Bridgeport-Stamford-Norwalk, Conn., metropolitan area, near New York City, had the highest percentage of households with high income in the nation at 17.9 percent, according to a report released today by the U.S. Census Bureau. At the other end of the spectrum are two metro areas named Danville — in Virginia and Illinois — each… Continue Reading
Pricing and Mitigation of Counterparty Credit Exposures
Pricing and Mitigation of Counterparty Credit Exposures, Agostino Capponi. Purdue University – School of Industrial Engineering. January 31, 2013. Handbook of Systemic Risk, edited by J.-P. Fouque and J.Langsam. Cambridge University Press, 2012 “We analyze the market price of counterparty risk and develop an arbitrage-free pricing valuation framework, inclusive of collateral mitigation. We show that… Continue Reading
Slower State Tax Revenue Growth Is the New Normal
News release: “States tax collections have been growing for nearly three years now, but the recovery in state tax revenues is much slower after the Great Recession than after previous recessions, according to the latest State Revenue Report from the Rockefeller Institute of Government. State tax revenues were up 2.7 percent for the third quarter… Continue Reading
Browse Topics – Your Pathway to Government Information
“Browse Topics is a resource designed to be the pathway to any publicly-accessible, Government information. Maintained by volunteer librarians, Browse Topics helps the public locate data, conduct research, and learn about various government Web sites.” Continue Reading
Growth in Means-Tested Programs and Tax Credits for Low-Income Households
CBO – “The federal government devotes roughly one-sixth of its spending to 10 major means-tested programs and tax credits, which provide cash payments or assistance in obtaining health care, food, housing, or education to people with relatively low income or few assets…As shown in this report and an accompanying infographic, in 2012, federal spending on… Continue Reading
Mortgage insurance: market structure, underwriting cycle and policy implications – Consultative paper
Mortgage insurance: market structure, underwriting cycle and policy implications – Consultative paper released by the Joint Forum, February 2013 “This consultative report on Mortgage insurance: market structure, underwriting cycle and policy implications examines the interaction of mortgage insurers with mortgage originators and underwriters. The report sets out the following recommendations directed at policymakers and supervisors… Continue Reading
POGO- SECs Revolving Door Blurs Line Between Regulator and Industry
“A Project On Government Oversight study of thousands of government records found that former staff of the Securities and Exchange Commission (SEC) routinely: Tried to help corporations influence agency rulemaking; Defended companies suspected of wrongdoing; Helped companies soften the blow of enforcement actions; Won exemptions from federal law for their clients; and Secured the agencys… Continue Reading
The Exchange Rate Disconnect – Federal Reserve Bank of NY
The Exchange Rate Disconnect – Mary Amiti, Oleg Itskhoki, and Jozef Konings “Why do large movements in exchange rates have small effects on international goods prices? This empirical regularity is a central puzzle in international macroeconomics. In a new study, we show that the key to understanding this exchange rate disconnect is to take into… Continue Reading
GAO Reports – Afghanistan, Depot Maintenance, National Defense
Afghanistan – Key Oversight Issues, GAO-13-218SP, Feb 11, 2013 Depot Maintenance – Additional Information Needed to Meet DOD’s Core Capability Reporting Requirements, GAO-13-194, Feb 11, 2013 National Defense – Standard Missile-3 Block IIB Analysis of Alternatives, GAO-13-382R, Feb 11, 2013 Continue Reading
