Government Information

Earl Gregg Swem Library

Gross Domestic Product: Fourth Quarter and Annual 2017 Advance Estimate

Categories: Business/Economics,Foreign Trade/Investment,Statistics

https://www.bea.gov/newsreleases/national/gdp/2018/gdp4q17_adv.htm

Finds that GDP advanced by 2.3% in 2017, after a 1.5% increase in 2016.  The increase was attributed to personal consumption expenditures, nonresidential investment, and exports.  The figures are subject to later revision.  From the Bureau of Economic Analysis

 

2017 Report on the Implementation and Enforcement of Russia’s WTO Commitments

Categories: Agriculture/Rural Issues,Business/Economics,Copyright/Patents,Foreign Trade/Investment,Russia

https://ustr.gov/sites/default/files/files/Press/Reports/Russia%202017%20WTO%20Report.pdf

Concludes that Russia has done little in 2017 to demonstrate a commitment to the principles of the World Trade Organization especially with regard to opening their economy to exports from other countries.  From the Office of the U.S. Trade Representative

 

2017 Report to Congress on China’s WTO Compliance

Categories: Agriculture/Rural Issues,Business/Economics,China,Copyright/Patents,Foreign Trade/Investment,Headlines

https://ustr.gov/sites/default/files/files/Press/Reports/China%202017%20WTO%20Report.pdf

Accuses China of continuing to use policies that violate World Trade Organization requirements for open trade.  Special sections on import and export regulation, agriculture, financial and distribution services, and intellectual property rights. From the Office of the U.S. Trade Representative

 

Nonimmigrant (Temporary) Admissions to the United States: Policy and Trends

https://fas.org/sgp/crs/homesec/R45040.pdf

Reviews the major nonimmigrant categories of admission to the U.S., the procedures by which they are approved, and statistical trends in the issuance of such visas.  From the Congressional Research Service, posted by the Federation of American Scientists

 

Drug Industry: Profits, Research and Development Spending, and Merger and Acquisition Deals

Categories: Advertising/Marketing,Antitrust/Monopoly,Business/Economics,Health/Medical,Prices/Inflation

https://www.gao.gov/assets/690/688472.pdf

Retail prescription drug expenditures have been growing as a percentage of total health care spending.  This report traces changes in the financial performance and structure of the drug industry, the effects on R&D spending and new drug approvals, and how potential consolidation might affect drug prices and new drug development.  From the Government Accountability Office

 

 

Transferring Credit Risk on Mortgages Guaranteed by Fannie Mae and Freddie Mac

Categories: Business/Economics,Financial Crisis/Markets,Govt Finance,Housing/Homelessness

https://www.cbo.gov/system/files/115th-congress-2017-2018/reports/53380-transferringcreditriskgses.pdf

Explores the nature of Fannie Mae and Freddie Mac as government-sponsored enterprises which are currently under conservatorship by their regulator, the Federal Housing Finance Agency.  The report examines how some of the credit risk might be transferred from the federal government to investors.  From the Congressional Budget Office

 

Local Area Personal Income 2016

Categories: Business/Economics,Income/Poverty,Statistics

https://www.bea.gov/newsreleases/regional/lapi/2017/pdf/lapi1117.pdf

Reports that personal income grew in 2,285 counties, fell in 795, and was unchanged in 33.  From the Bureau of Economic Analysis

 

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

 

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