Government Information

Earl Gregg Swem Library

Estimated Deficits and Debt Under the … Tax Cuts and Jobs Act

Categories: Business/Economics,Govt Finance,Headlines,Laws/Regulations,Statistics,Taxes

https://www.cbo.gov/system/files/115th-congress-2017-2018/costestimate/hr1deficitsanddebt.pdf

Estimates that passage of the proposed legislation in its current form would increase federal deficits to $1.7 trillion in the 2018-2027 period and bring the debt figure to 97.1% of GDP.  From the Congressional Budget Office

 

EPA … Proposes Repeal of “Clean Power Plan”

Categories: Business/Economics,Energy,Environment,Health/Medical,Laws/Regulations

https://www.epa.gov/newsreleases/epa-takes-another-step-advance-president-trumps-america-first-strategy-proposes-repeal

Agency press release about proposed regulations to repeal Obama administration rules requiring power plants to reduce carbon emissions.  The new proposals cite reduced compliance costs, energy independence, and revised analyses of environmental, health, and economic effects for promoting the repeal.  From the Environmental Protection Agency

 

Personal Consumption Expenditures by State, 2016

Categories: Business/Economics,Prices/Inflation,Statistics

https://www.bea.gov/newsreleases/regional/pce/2017/pdf/pce1017.pdf

State personal consumption expenditures grew on average 4% in 2016, the same as in 2015.  The range was 6.2% in Utah to 0.2% in North Dakota with Virginia at 3.6%.   From the Bureau of Economic Analysis

 

Census Bureau Releases Statistics of U.S. Businesses

Categories: Business/Economics,Statistics

https://www.census.gov/newsroom/press-releases/2017/businesses.html

Announcement which offers link to 2015 Statistics of U.S. Businesses data tables by establishment industry.  Includes single year estimates of the number of firms, number of establishments, employment, and size of annual payroll.  From the Census Bureau

 

FREDcast Forecasting Game

Categories: Business/Economics,Financial Crisis/Markets,Labor/Employment,Prices/Inflation,Statistics

https://research.stlouisfed.org/useraccount/fredcast/

Economic forecasting game involving CPI inflation, GDP growth, unemployment, and payroll jobs.  From the Federal Reserve Bank of St. Louis

 

CBO’s Economic Forecasting Record: 2017 Update

Categories: Business/Economics,Govt Finance,Statistics

https://www.cbo.gov/system/files/115th-congress-2017-2018/reports/53090-economicforecastaccuracy.pdf

Reviews the accuracy of economic forecasting by the agency and compares its record with that of the Office of Management and Budget and private forecasters.  Also reviews the source of forecasting errors.  From the Congressional Budget Office

 

Startup Firms Created Over 2 Million Jobs in 2015

Categories: Business/Economics,Labor/Employment,Statistics

https://www.census.gov/newsroom/press-releases/2017/business-dynamics.html

Agency press release with statistics on the number of new business ventures and the number of jobs created by them.  Also compares job creation rates in 2015 with recent years.  Includes links to more detailed info in Business Dynamics Statistics data sets.  From the Census Bureau

 

Gross Domestic Product by Metropolitan Area, 2016

Categories: Business/Economics,Statistics,Urban Issues

https://www.bea.gov/newsreleases/regional/gdp_metro/2017/pdf/gdp_metro0917.pdf

Real GDP increased in 267 of 382 metropolitan areas during 2016.    The range was from +8% in two Oregon and Louisiana metro areas to -13% in Odessa, Texas.  Displays metro areas alphabetically with GDP in millions of dollars annually from 2011 to 2016 and 2016 rank.  From the Bureau of Economic Analysis

 

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