ECONOMIC REPORT OF THE PRESIDENT

Recommendations

Info

economic report of the president
Page 1 and 2: ECONOMIC REPORT OF THE PRESIDENT To
Page 4: C O N T E N T S ECONOMIC REPORT OF
Page 9 and 10: lot of Americans feel anxious—is
Page 11 and 12: without kids. All these things stil
Page 14: letter of transmittal Council of Ec
Page 17 and 18: Consumer Spending. ................
Page 19 and 20: THE ROLE OF THE FEDERAL GOVERNMENT.
Page 21 and 22: 2-15. Consumer Sentiment, 2006-2015
Page 23 and 24: 4.15. Effects of WIC Participation
Page 25 and 26: Box 5-1: Trade.....................
Page 27 and 28: efficiency as well as equity, unlea
Page 29 and 30: income. Until the 1980s, the United
Page 31 and 32: Figure 1-2a Share of Total, Labor,
Page 33 and 34: eturn—likely reflecting increased
Page 35 and 36: Figure 1-4 Distribution of Househol
Page 37 and 38: Figure 1-5 Intergenerational Earnin
Page 39 and 40: gaps in education and experience; d
Page 41 and 42: differences in productivity, there
Page 43 and 44: To some extent, some of these force
Page 45 and 46: Figure 1-8 U.S. Union Membership &
Page 47 and 48: Table 1-2 Change in Market Concentr
Page 49 and 50: Housing and Land-Use Restrictions T
Page 51 and 52: een shown to increase incomes in la
Page 53 and 54: wage growth manifests itself as a g
Page 55 and 56:
20th century saw higher wages, more
Page 57 and 58:
Percent 11 Figure 2-1 Unemployment
Page 59 and 60:
Figure 2-2 Oil and Commodity Prices
Page 61 and 62:
leum and products averaged 1.8 bill
Page 63 and 64:
other hand, oil-using industries be
Page 65 and 66:
there was some risk of a government
Page 67 and 68:
Box 2-2: Challenges in the State an
Page 69 and 70:
Figure 2-v State and Local Pensions
Page 71 and 72:
Figure 2-7 12-Month Change in Nonfa
Page 73 and 74:
Figure 2-9 Unemployment Rate by Dur
Page 75 and 76:
Figure 2-11 Alternative Measures of
Page 77 and 78:
Box 2-3: Expectations for Future Jo
Page 79 and 80:
Consumer Spending Real consumer spe
Page 81 and 82:
Box 2-4: A Better Measure of Output
Page 83 and 84:
above GDP growth. In fact, at the a
Page 85 and 86:
Figure 2-17 Household Debt Relative
Page 87 and 88:
might be a sign of a growing measur
Page 89 and 90:
any shift from consumer-paid media
Page 91 and 92:
Index* 220 Figure 2-20 Housing Affo
Page 93 and 94:
studies note that land-use regulati
Page 95 and 96:
Figure 2-21 Single-Family and Multi
Page 97 and 98:
Box 2-7: Slowdown in Investment Gro
Page 99 and 100:
On the other hand, there are longer
Page 101 and 102:
Percentage Points 2.0 Figure 2-27 C
Page 103 and 104:
is, output per hour) has been below
Page 105 and 106:
grounds for optimism about the futu
Page 107 and 108:
Percent 50 40 30 20 Figure 2-34 Ene
Page 109 and 110:
crisis.9 But these changes have bee
Page 111 and 112:
The Outlook Forecast over the Next
Page 113 and 114:
Nominal GDP Real GDP (Chain- Type)
Page 115 and 116:
Box 2-8: Policy Proposals to Raise
Page 117 and 118:
States. Second, by moving to a more
Page 119 and 120:
Box 2-9: Stable Inflation Rate of U
Page 121 and 122:
individual model because of uncerta
Page 124 and 125:
C H A P T E R 3 THE GLOBAL MACROECO
Page 126 and 127:
Figure 3-1 IMF World Real GDP Growt
Page 128 and 129:
Percent 3 0 Figure 3-4 Percent Gap
Page 130 and 131:
Box 3-1: Changing Demographic Trend
Page 132 and 133:
egions are forecasted to have 73 de
Page 134 and 135:
Figure 3-5 Current Account Balance
Page 136 and 137:
Index (2008:Q1=100) 115 Figure 3-6
Page 138 and 139:
some euro-area countries are constr
Page 140 and 141:
takes place in financial markets. A
Page 142 and 143:
numbers or Chinese real GDP growth.
Page 144 and 145:
countries from downside risks in tu
Page 146 and 147:
Figure 3-9 Measures of Industrial A
Page 148 and 149:
Figure 3-vii World Industrial Produ
Page 150 and 151:
Figure 3-11 Brazil's Current Accoun
Page 152 and 153:
Automotive Vehicles, Parts, Engines
Page 154 and 155:
Percent 16 Figure 3-16 Exports as a
Page 156 and 157:
instance, Vietnam’s and Malaysia
Page 158 and 159:
C H A P T E R 4 INEQUALITY IN EARLY
Page 160 and 161:
and preschool; direct investments i
Page 162 and 163:
Figure 4-1 Cognitive and Non-Cognit
Page 164 and 165:
Disparities in Early Health Prenata
Page 166 and 167:
Figure 4-4 Household Food Insecurit
Page 168 and 169:
Figure 4-6 Likelihood of Scoring Ve
Page 170 and 171:
Figure 4-8 Likelihood of Scoring Ve
Page 172 and 173:
Figure 4-10 High-Income Parents Spe
Page 174 and 175:
Black (1999) shows that school qual
Page 176 and 177:
Differences in early life investmen
Page 178 and 179:
Box 4-2: Types of Public Investment
Page 180 and 181:
Figure 4-12 Annual Cost of Juvenile
Page 182 and 183:
Figure 4-13 Low Birth Weight by Mat
Page 184 and 185:
Federally funded programs, administ
Page 186 and 187:
improving parental behavior and chi
Page 188 and 189:
Figure 4-14 Increase in Income and
Page 190 and 191:
Figure 4-15 Effects of WIC Particip
Page 192 and 193:
Figure 4-16 Impact of Food Stamp Ex
Page 194 and 195:
Box 4-4: Technological Innovation t
Page 196 and 197:
their children through wages. Studi
Page 198 and 199:
from high school, earn a college de
Page 200 and 201:
program. The Head Start Impact Stud
Page 202 and 203:
A meta-analysis by Duncan and Magnu
Page 204 and 205:
Figure 4-19 Net Benefit Per Child o
Page 206 and 207:
Box 4-5: Nutrition and Income Progr
Page 208 and 209:
for single mothers across these gro
Page 210 and 211:
Figure 4-21 Average Annual Earnings
Page 212 and 213:
C H A P T E R 5 TECHNOLOGY AND INNO
Page 214 and 215:
if an inventor uncovers a new metho
Page 216 and 217:
Box 5-1: Trade Domestic and interna
Page 218 and 219:
In addition to commercializing new
Page 220 and 221:
Figure 5-3 Firm Entry and Exit Rate
Page 222 and 223:
while a little over one-third is du
Page 224 and 225:
Percent 20 Figure 5-4 U.S. Job Crea
Page 226 and 227:
Van Reenen 2013), and that underinv
Page 228 and 229:
cation of these technologies may yi
Page 230 and 231:
Sector Table 5-1 Contribution to Av
Page 232 and 233:
Figure 5-9 Gross Domestic Expenditu
Page 234 and 235:
Box 5-4: Patent Legislation While t
Page 236 and 237:
technologies—from clean energy te
Page 238 and 239:
Figure 5-11 Estimated Worldwide Ann
Page 240 and 241:
Figure 5-13 Robot Density: Automoti
Page 242 and 243:
Over time, economists expect wages
Page 244 and 245:
Figure 5-15 Probability of Automati
Page 246 and 247:
Figure 5-16 Share of Information an
Page 248 and 249:
increased competition in the taxi m
Page 250 and 251:
and that providers use to rate cons
Page 252 and 253:
Kuhn and Mansour (2014) find that u
Page 254:
infrastructure priorities would mak
Page 257 and 258:
Economic Principles for Infrastruct
Page 259 and 260:
importance of a strong Federal role
Page 261 and 262:
Percent 10 Figure 6-2 Public Gross
Page 263 and 264:
infrastructure in 2015 for G-7 nati
Page 265 and 266:
Year Delay per Commuter (Hours) Tab
Page 267 and 268:
facturers toward cleaner low-emissi
Page 269 and 270:
sustained losses in economic output
Page 271 and 272:
highways and streets increases priv
Page 273 and 274:
elasticities since short-run analys
Page 275 and 276:
Table 6-4 Direct Contribution of th
Page 277 and 278:
Box 6-3: The Interstate Highway Sys
Page 279 and 280:
agencies responsible for funding pu
Page 281 and 282:
output in the near term from high-e
Page 283 and 284:
1.4 Figure 6-7 Ratio of Public Spen
Page 285 and 286:
firms that are not ultimately respo
Page 287 and 288:
allocation of risks (Buckberg, Kear
Page 289 and 290:
the livability of communities, maki
Page 291 and 292:
Transportation bonds accounted for
Page 293 and 294:
Box 6-4: 21 st Century Clean Transp
Page 295 and 296:
it is flying across the country, sh
Page 297 and 298:
on the needs of the President, the
Page 299 and 300:
The balance struck in the final Emp
Page 301 and 302:
Box 7-1: Former CEA Chair Laura D
Page 303 and 304:
But this was only part of the story
Page 305 and 306:
The perspective of CEA has varied d
Page 307 and 308:
and the drag of the wartime tax str
Page 309 and 310:
Box 7-2: Former CEA Chair Christina
Page 311 and 312:
jobs package. And in early December
Page 313 and 314:
Box 7-3: Former CEA Chairman N. Gre
Page 315 and 316:
Box 7-4: Former CEA Chairman Joseph
Page 317 and 318:
There were many lessons that I draw
Page 319 and 320:
Nourse and Keyserling The three yea
Page 321 and 322:
shut-down towards the end of the Tr
Page 323 and 324:
authority of the Council” (1977).
Page 325 and 326:
Box 7-5: Former CEA Chairman Alan G
Page 327 and 328:
comment on or in any way attempt to
Page 329 and 330:
progress, “confidence in the poli
Page 331 and 332:
Box 7-6: Former CEA Chairman Martin
Page 333 and 334:
that it would be very risky not to
Page 336 and 337:
REFERENCES Chapter 1 American Civil
Page 338 and 339:
Furman, Jason and Peter Orszag. 201
Page 340 and 341:
Troy, Leo and Neil Sheflin. 1985. U
Page 342 and 343:
Glaeser, Edward L., Joseph Gyourko,
Page 344 and 345:
Romer and David Romer, eds., Reduci
Page 346 and 347:
Kohsaka, Akira. 2013. Aging and Eco
Page 348 and 349:
Infant Mortality in the Rural South
Page 350 and 351:
Black, Sandra E., Paul J. Devereux,
Page 352 and 353:
Chetty, Raj, Nathaniel Hendren, Fri
Page 354 and 355:
Deming, David. 2009. “Early Child
Page 356 and 357:
Fryer, Ronald G., Jr. and Steven D.
Page 358 and 359:
Hill, Carolyn, William Gormley, and
Page 360 and 361:
Lefebvre, Pierre and Philip Merriga
Page 362 and 363:
Education. Accessed 3 February 2016
Page 364 and 365:
Reynolds, Arthur J., Majida Mehana,
Page 366 and 367:
Temple, Judy A. and Arthur J. Reyno
Page 368 and 369:
Atkin, David, Azam Chaudhry, Shamyl
Page 370 and 371:
Department of Economics, UCSC. Retr
Page 372 and 373:
Kiebzak, Stephen, Rafert, Greg and
Page 374 and 375:
January. https://www.pwcmoneytree.c
Page 376 and 377:
Baladi, Gilbert, Tunwin Svasdisant,
Page 378 and 379:
International Monetary Fund. 2014.
Page 380 and 381:
______. 2015b. “Public-Private Pa
Page 382 and 383:
______. 1994. American Economic Pol
Page 384 and 385:
Rosen, Harvey S., and Kristin J. Fo
Page 386:
A P P E N D I X A REPORT TO THE PRE
Page 389 and 390:
Council Members and Their Dates of
Page 392 and 393:
Report to the President on the Acti
Page 394 and 395:
standards; energy policy; intellect
Page 396 and 397:
policies through briefings with the
Page 398 and 399:
Office of the Chairman and Members
Page 400:
A P P E N D I X B STATISTICAL TABLE
Page 403 and 404:
GOVERNMENT FINANCE, INTEREST RATES,
Page 405 and 406:
Year or quarter Table B-1. Percent
Page 407 and 408:
Table B-2. Gross domestic product,
Page 409 and 410:
Table B-3. Quantity and price index
Page 411 and 412:
Table B-5. Real exports and imports
Page 413 and 414:
Year Total Table B-7. Real farm inc
Page 415 and 416:
Table B-9. Median money income (in
Page 417 and 418:
Labor Market Indicators Table B-11.
Page 419 and 420:
Year or month Table B-12. Civilian
Page 421 and 422:
Table B-14. Employees on nonagricul
Page 423 and 424:
Year or month Table B-15. Hours and
Page 425 and 426:
Government Finance, Interest Rates,
Page 427 and 428:
Table B-19. Federal receipts and ou
Page 429 and 430:
Table B-21. Federal and State and l
Page 431 and 432:
Table B-23. U.S. Treasury securitie
Page 433 and 434:
Year and month Bills (at auction) 1
Page 435:
Year and month Table B-26. Money st
show all

ECONOMIC REPORT OF THE PRESIDENT

You also want an ePaper? Increase the reach of your titles

Delete template?

Save as template?