Table B–8. New private housing units started, authorized, and completed and houses sold, 1972–2016 [Thousands; monthly data at seasonally adjusted annual rates] Year or month Total Type of structure Type of structure New housing units completed 1 unit 2 to 4 units 2 5 units or more Total 1 unit 2 to 4 units 5 units or more New houses sold 1972 2,356.6 1,309.2 141.2 906.2 2,218.9 1,033.1 148.6 1,037.2 2,003.9 718 1973 2,045.3 1,132.0 118.2 795.0 1,819.5 882.1 117.0 820.5 2,100.5 634 1974 1,337.7 888.1 68.0 381.6 1,074.4 643.8 64.4 366.2 1,728.5 519 1975 1,160.4 892.2 64.0 204.3 939.2 675.5 63.8 199.8 1,317.2 549 1976 1,537.5 1,162.4 85.8 289.2 1,296.2 893.6 93.1 309.5 1,377.2 646 1977 1,987.1 1,450.9 121.7 414.4 1,690.0 1,126.1 121.3 442.7 1,657.1 819 1978 2,020.3 1,433.3 125.1 462.0 1,800.5 1,182.6 130.6 487.3 1,867.5 817 1979 1,745.1 1,194.1 122.0 429.0 1,551.8 981.5 125.4 444.8 1,870.8 709 1980 1,292.2 852.2 109.5 330.5 1,190.6 710.4 114.5 365.7 1,501.6 545 1981 1,084.2 705.4 91.2 287.7 985.5 564.3 101.8 319.4 1,265.7 436 1982 1,062.2 662.6 80.1 319.6 1,000.5 546.4 88.3 365.8 1,005.5 412 1983 1,703.0 1,067.6 113.5 522.0 1,605.2 901.5 133.7 570.1 1,390.3 623 1984 1,749.5 1,084.2 121.4 543.9 1,681.8 922.4 142.6 616.8 1,652.2 639 1985 1,741.8 1,072.4 93.5 576.0 1,733.3 956.6 120.1 656.6 1,703.3 688 1986 1,805.4 1,179.4 84.0 542.0 1,769.4 1,077.6 108.4 583.5 1,756.4 750 1987 1,620.5 1,146.4 65.1 408.7 1,534.8 1,024.4 89.3 421.1 1,668.8 671 1988 1,488.1 1,081.3 58.7 348.0 1,455.6 993.8 75.7 386.1 1,529.8 676 1989 1,376.1 1,003.3 55.3 317.6 1,338.4 931.7 66.9 339.8 1,422.8 650 1990 1,192.7 894.8 37.6 260.4 1,110.8 793.9 54.3 262.6 1,308.0 534 1991 1,013.9 840.4 35.6 137.9 948.8 753.5 43.1 152.1 1,090.8 509 1992 1,199.7 1,029.9 30.9 139.0 1,094.9 910.7 45.8 138.4 1,157.5 610 1993 1,287.6 1,125.7 29.4 132.6 1,199.1 986.5 52.4 160.2 1,192.7 666 1994 1,457.0 1,198.4 35.2 223.5 1,371.6 1,068.5 62.2 241.0 1,346.9 670 1995 1,354.1 1,076.2 33.8 244.1 1,332.5 997.3 63.8 271.5 1,312.6 667 1996 1,476.8 1,160.9 45.3 270.8 1,425.6 1,069.5 65.8 290.3 1,412.9 757 1997 1,474.0 1,133.7 44.5 295.8 1,441.1 1,062.4 68.4 310.3 1,400.5 804 1998 1,616.9 1,271.4 42.6 302.9 1,612.3 1,187.6 69.2 355.5 1,474.2 886 1999 1,640.9 1,302.4 31.9 306.6 1,663.5 1,246.7 65.8 351.1 1,604.9 880 2000 1,568.7 1,230.9 38.7 299.1 1,592.3 1,198.1 64.9 329.3 1,573.7 877 2001 1,602.7 1,273.3 36.6 292.8 1,636.7 1,235.6 66.0 335.2 1,570.8 908 2002 1,704.9 1,358.6 38.5 307.9 1,747.7 1,332.6 73.7 341.4 1,648.4 973 2003 1,847.7 1,499.0 33.5 315.2 1,889.2 1,460.9 82.5 345.8 1,678.7 1,086 2004 1,955.8 1,610.5 42.3 303.0 2,070.1 1,613.4 90.4 366.2 1,841.9 1,203 2005 2,068.3 1,715.8 41.1 311.4 2,155.3 1,682.0 84.0 389.3 1,931.4 1,283 2006 1,800.9 1,465.4 42.7 292.8 1,838.9 1,378.2 76.6 384.1 1,979.4 1,051 2007 1,355.0 1,046.0 31.7 277.3 1,398.4 979.9 59.6 359.0 1,502.8 776 2008 905.5 622.0 17.5 266.0 905.4 575.6 34.4 295.4 1,119.7 485 2009 554.0 445.1 11.6 97.3 583.0 441.1 20.7 121.1 794.4 375 2010 586.9 471.2 11.4 104.3 604.6 447.3 22.0 135.3 651.7 323 2011 608.8 430.6 10.9 167.3 624.1 418.5 21.6 184.0 584.9 306 2012 780.6 535.3 11.4 233.9 829.7 518.7 25.9 285.1 649.2 368 2013 924.9 617.6 13.6 293.7 990.8 620.8 29.0 341.1 764.4 429 2014 1,003.3 647.9 13.7 341.7 1,052.1 640.3 29.9 382.0 883.8 437 2015 1,111.8 714.5 11.5 385.8 1,182.6 696.0 32.1 454.5 968.2 501 2015: Jan 1,101 712 383 1,073 669 28 376 964 524 Feb 893 591 294 1,114 636 30 448 876 549 Mar 964 626 318 1,071 656 27 388 798 490 Apr 1,192 746 428 1,178 679 33 466 1,008 500 May 1,063 694 360 1,266 693 34 539 1,024 507 June 1,213 686 513 1,334 702 34 598 966 472 July 1,147 760 376 1,142 694 30 418 994 498 Aug 1,132 731 394 1,166 710 30 426 963 505 Sept 1,189 743 435 1,129 708 38 383 1,010 457 Oct 1,073 714 347 1,175 725 35 415 984 478 Nov 1,171 786 379 1,286 735 29 522 973 508 Dec 1,160 765 378 1,201 738 35 428 1,033 538 2016: Jan 1,128 775 335 1,188 727 35 426 1,056 526 Feb 1,213 845 356 1,162 733 33 396 1,025 525 Mar 1,113 751 353 1,077 725 34 318 1,063 537 Apr 1,155 764 378 1,130 741 32 357 952 570 May 1,128 737 386 1,136 731 28 377 1,015 566 June 1,195 763 414 1,153 738 29 386 1,129 558 July 1,218 769 442 1,144 711 29 404 1,070 622 Aug 1,164 724 422 1,152 736 33 383 1,034 567 Sept p 1,054 785 255 1,225 742 36 447 1,000 574 Oct p 1,323 869 445 1,260 774 30 456 1,055 563 1 Authorized by issuance of local building permits in permit-issuing places: 20,100 places beginning with 2014; 19,300 for 2004–2013; 19,000 for 1994–2003; 17,000 for 1984–93; 16,000 for 1978–83; and 14,000 for 1972–77. 2 Monthly data do not meet publication standards because tests for identifiable and stable seasonality do not meet reliability standards. Note: One-unit estimates prior to 1999, for new housing units started and completed and for new houses sold, include an upward adjustment of 3.3 percent to account for structures in permit-issuing areas that did not have permit authorization. Source: Department of Commerce (Bureau of the Census). GDP, Income, Prices, and Selected Indicators | 573
Table B–9. Median money income (in 2015 dollars) and poverty status of families and people, by race, 2007-2015 Race, Hispanic origin, and year Number (millions) Families 1 Below poverty level 2 Median money income Total (in 2015 dollars) 3 Number (millions) Percent Female householder, no husband present Percent People below poverty level 2 Number (millions) Percent Median money income (in 2015 dollars) of people 15 years old and over with income 3 All people Males Number (millions) Yearround full-time workers All people Females Yearround full-time workers TOTAL (all races) 4 2007 77.9 $70,137 7.6 9.8 4.1 28.3 37.3 12.5 $37,948 $52,840 $23,917 $41,344 2008 78.9 67,726 8.1 10.3 4.2 28.7 39.8 13.2 36,505 52,598 22,972 40,388 2009 78.9 66,379 8.8 11.1 4.4 29.9 43.6 14.3 35,554 54,311 23,151 41,132 2010 5 79.6 65,483 9.4 11.8 4.8 31.7 46.3 15.1 35,010 54,519 22,585 41,787 2011 80.5 64,259 9.5 11.8 4.9 31.2 46.2 15.0 34,763 53,027 22,239 40,769 2012 80.9 64,252 9.5 11.8 4.8 30.9 46.5 15.0 35,000 52,321 22,215 41,312 2013 6 81.2 64,934 9.1 11.2 4.6 30.6 45.3 14.5 35,846 51,836 22,450 41,309 2013 7 82.3 66,619 9.6 11.7 5.2 32.2 46.3 14.8 36,255 52,320 22,514 41,413 2014 81.7 66,709 9.5 11.6 4.8 30.6 46.7 14.8 36,344 51,515 22,266 40,844 2015 82.2 70,697 8.6 10.4 4.4 28.2 43.1 13.5 37,138 52,247 23,769 41,754 WHITE, non-Hispanic 8 2007 53.9 79,948 3.2 5.9 1.5 20.7 16.0 8.2 42,723 58,832 24,791 44,214 2008 54.5 77,137 3.4 6.2 1.5 20.7 17.0 8.6 41,182 57,625 23,942 43,451 2009 54.5 74,391 3.8 7.0 1.7 23.3 18.5 9.4 40,636 57,962 24,236 44,481 2010 5 53.8 74,905 3.9 7.2 1.7 24.1 19.3 9.9 40,390 59,414 23,607 44,932 2011 54.2 73,591 4.0 7.3 1.8 23.4 19.2 9.8 40,203 58,767 23,423 43,602 2012 54.0 73,788 3.8 7.1 1.7 23.4 18.9 9.7 40,003 58,065 23,642 43,534 2013 6 53.8 73,897 3.7 6.9 1.6 22.6 18.8 9.6 40,825 57,446 24,197 43,534 2013 7 54.7 75,941 4.0 7.3 1.9 25.8 19.6 10.0 41,572 59,907 24,149 43,832 2014 53.8 76,746 3.9 7.3 1.7 23.7 19.7 10.1 41,119 58,780 24,033 44,287 2015 53.8 80,527 3.5 6.4 1.6 21.7 17.8 9.1 42,207 60,750 25,629 45,694 BLACK 8 2007 9.3 45,889 2.0 22.1 1.5 37.3 9.2 24.5 29,518 41,994 22,579 36,113 2008 9.4 43,901 2.1 22.0 1.5 37.2 9.4 24.7 27,801 42,506 22,234 35,432 2009 9.4 42,430 2.1 22.7 1.5 36.7 9.9 25.8 26,223 43,483 21,508 35,869 2010 5 9.6 41,956 2.3 24.1 1.7 38.7 10.7 27.4 25,325 41,010 21,357 37,008 2011 9.7 42,677 2.3 24.2 1.7 39.0 10.9 27.6 24,740 42,443 20,819 37,039 2012 9.8 41,826 2.3 23.7 1.6 37.8 10.9 27.2 25,728 41,103 20,668 36,224 2013 6 9.9 42,317 2.3 22.8 1.6 38.5 11.0 27.2 25,291 42,360 20,395 36,001 2013 7 9.9 42,624 2.2 22.4 1.7 36.7 10.2 25.2 25,560 41,146 21,437 35,248 2014 9.9 43,201 2.3 22.9 1.6 37.2 10.8 26.2 26,600 41,339 20,990 35,370 2015 9.8 45,781 2.1 21.1 1.5 33.9 10.0 24.1 27,404 41,710 21,613 37,110 ASIAN 8 2007 3.3 88,174 .3 7.9 .1 16.1 1.3 10.2 42,517 58,544 27,841 47,229 2008 3.5 80,999 .3 9.8 .1 16.7 1.6 11.8 40,299 57,008 25,440 48,667 2009 3.6 82,882 .3 9.4 .1 16.9 1.7 12.5 41,238 59,022 26,892 49,299 2010 5 3.9 81,769 .4 9.3 .1 21.1 1.9 12.2 38,943 57,078 25,615 45,571 2011 4.2 76,929 .4 9.7 .1 19.1 2.0 12.3 38,291 59,315 23,226 43,642 2012 4.1 80,380 .4 9.4 .1 19.2 1.9 11.7 41,527 62,200 24,089 47,869 2013 6 4.4 77,742 .4 8.7 .1 14.9 1.8 10.5 40,857 61,209 25,276 45,866 2013 7 4.4 84,245 .4 10.2 .1 25.7 2.3 13.1 43,539 62,291 26,296 48,047 2014 4.5 82,827 .4 8.9 .1 18.9 2.1 12.0 40,948 60,368 25,420 48,602 2015 4.7 90,847 .4 8.0 .1 16.2 2.1 11.4 43,705 64,740 26,532 50,118 HISPANIC (any race) 8 2007 10.4 46,373 2.0 19.7 1.0 38.4 9.9 21.5 27,951 34,813 19,145 31,041 2008 10.5 44,547 2.2 21.3 1.0 39.2 11.0 23.2 26,424 34,368 18,073 30,209 2009 10.4 43,890 2.4 22.7 1.1 38.8 12.4 25.3 24,586 34,950 17,907 30,802 2010 5 11.3 42,723 2.7 24.3 1.3 42.6 13.5 26.5 24,373 34,617 17,711 31,630 2011 11.6 42,219 2.7 22.9 1.3 41.2 13.2 25.3 25,009 33,817 17,736 31,724 2012 12.0 42,081 2.8 23.5 1.3 40.7 13.6 25.6 25,387 33,567 17,265 30,462 2013 6 12.1 43,010 2.6 21.6 1.3 40.4 12.7 23.5 25,857 33,527 18,073 31,339 2013 7 12.4 41,657 2.9 23.1 1.4 40.5 13.4 24.7 24,625 32,933 17,249 31,717 2014 12.5 45,166 2.7 21.5 1.3 37.9 13.1 23.6 26,706 35,154 17,605 30,864 2015 12.8 47,328 2.5 19.6 1.2 35.5 12.1 21.4 28,110 35,973 18,905 31,657 1 The term “family” refers to a group of two or more persons related by birth, marriage, or adoption and residing together. Every family must include a reference person. 2 Poverty thresholds are updated each year to reflect changes in the consumer price index for all urban consumers (CPI-U). 3 Adjusted by consumer price index research series (CPI-U-RS). 4 Data for American Indians and Alaska natives, native Hawaiians and other Pacific Islanders, and those reporting two or more races are included in the total but not shown separately. 5 Reflects implementation of Census 2010-based population controls comparable to succeeding years. 6 The 2014 Current Population Survey (CPS) Annual Social and Economic Supplement (ASEC) included redesigned income questions, which were implemented to a subsample of the 98,000 addresses using a probability split panel design. These 2013 data are based on the 2014 ASEC sample of 68,000 addresses that received income questions similar to those used in the 2013 ASEC and are consistent with data in earlier years. 7 These 2013 data are based on the 2014 ASEC sample of 30,000 addresses that received redesigned income questions and are consistent with data in later years. 8 The CPS allows respondents to choose more than one race. Data shown are for “white alone, non-Hispanic,” “black alone,” and “Asian alone” race categories. (“Black” is also “black or African American.”) Family race and Hispanic origin are based on the reference person. Note: For details see Income and Poverty in the United States in publication Series P–60 on the CPS ASEC. Source: Department of Commerce (Bureau of the Census). 574 | Appendix B
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ECONOMIC REPORT OF THE PRESIDENT To
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C O N T E N T S ECONOMIC REPORT OF
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economic report of the president To
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eforms in history. Banks have sharp
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the annual report of the council of
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C O N T E N T S CHAPTER 1: EIGHT YE
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. THE ECONOMIC RATIONALE FOR FEDERA
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2.4. Government Purchases as Share
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4.iii. Premium for the Benchmark Pl
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6.18. Systemic Risk (SRISK) 2005-20
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C H A P T E R 1 EIGHT YEARS OF RECO
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Figure 1-1 Actual and Consensus For
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Figure 1-3 Real Hourly Wage Growth
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Figure 1-4 Real GDP per Capita: Eur
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Figure 1-6 Household Net Worth in t
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Figure 1-8 Global Trade Flows in th
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Subsequent revisions to fourth-quar
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Percent 6 Figure 1-9 Fiscal Expansi
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substantial costs to the Federal Go
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worked to promote innovation and in
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expansion, a period of low producti
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The 2017 Economic Report of the Pre
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Chapter 4: Reforming the Health Car
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to the ACA and other factors. The A
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than 98 percent of Americans should
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Figure 1-13 Borrowers in Income Dri
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success of the financial rescue and
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einforced U.S. leadership in the ru
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Partnership (OGP), a global partner
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Figure 1-16 Labor Productivity Grow
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Labor Force Participation Household
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number of steps to ensure that econ
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C H A P T E R 2 THE YEAR IN REVIEW
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Percent 11 Figure 2-1 Unemployment
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allowing for additional investments
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Percentage Point 0.6 0.4 Figure 2-3
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public, largely highway constructio
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The size of the Federal Reserve’s
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Figure 2-5 Private-Sector Payroll E
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fell 80 percent from September 2014
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Figure 2-8 Rates of Part-Time Work,
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Figure 2-v Prime-Age Male Labor For
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Output Real GDP grew 1.6 percent ov
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Figure 2-11 Compensation and Consum
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Table 2-i Optimal Weighting for Hou
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esults suggest that, to a first app
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Figure 2-viii Real GDP, Average and
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Figure 2-13 Consumer Sentiment and
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Figure 2-xi Household Debt Service,
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Ratio to Annual DPI 1.10 1.05 Figur
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Figure 2-17 National House Price In
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Index 220 Figure 2-19 Housing Affor
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Figure 2-21 Composition of Growth i
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Figure 2-23 Capital Services per Un
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Box 2-7: Explanations for the Recen
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Figure 2-xv Business Fixed Investme
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Figure 2-26 Foreign Real GDP and U.
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somewhat generalizable (Box 2-8), b
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prices weakened and the global econ
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inadequate demand has contributed t
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Figure 2-31 Nominal Wage Inflation
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Figure 2-33 Real Hourly Wage Growth
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Index 6 Figure 2-36 Financial Condi
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Percent 4.0 Figure 2-38 Nominal Lon
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Dollars per Barrel 80 Figure 2-40 B
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Figure 2-41 IMF World Real GDP Grow
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against the Mexican peso, the Chine
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United Kingdom It has been a turbul
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for example, Japan has grown almost
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Figure 2-45 Credit to Nonfinancial
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Meanwhile, core inflation (excludin
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kept rates low across a wide range
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Investments in surface transportati
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Table 2-2 Supply-Side Components of
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Conclusion The economy continued to
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not increased from 1973 to 2013, in
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developments; individual behavior;
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action affecting income inequality
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have occurred. In doing so, these p
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Percent 24 21 18 15 12 9 6 African
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without the policy response.5 These
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Box 3-2: Income Inequality and the
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unable to obtain insurance at any p
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Figure 3-7B Percent 50 Uninsured Ra
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and have not expanded Medicaid foun
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Box 3-3: Safety Net Policies as Ins
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Millions of People 18 Figure 3-8 Im
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Figure 3-9 Effective Tax Rates for
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Box 3-4: Additional Actions to Make
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$294 million in newly appropriated
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15 10 5 0 -5 -10 -15 Figure 3-12 Pe
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Administration with those of previo
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as a share of potential GDP by Pres
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Figure 3-17 Changes in the Distribu
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30 25 20 15 10 5 0 Single Source: C
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ate on capital gains and dividends
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C H A P T E R 4 REFORMING THE HEALT
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eneficiaries have received cumulati
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form of lower premium costs and ind
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Percent 25 20 Creation of Medicare
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Figure 4-3 Health Insurance Coverag
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90 80 70 60 50 40 30 20 10 0 25 55
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Percent Uninsured 25 CHIP Created 2
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Legislative actions subsequent to C
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Percent Uninsured 40 35 Figure 4-7
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ecause of the ACA’s provision all
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Box 4-2: Dynamics in the Individual
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projected during the debate over th
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whelming majority of Marketplace en
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Figure 4-v Change in Benchmark Prem
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20 Figure 4-10 Share of Workers in
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percent during the decade preceding
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Panel A: Share with a Personal Doct
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Box 4-3: Interpreting Results from
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Fortunately, the OHIE is not the on
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Figure 4-14 Uncompensated Care as a
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Figure 4-15 Uninsured Rate by Popul
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Figure 4-17 Monthly Gain in Private
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Change in Working-Age Employment to
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this cross-sectional relationship b
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ecent discussions of macroeconomic
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Figure 4-23 Life Expectancy at Birt
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Figure 4-24 Mortality Rate vs. Medi
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more to cover Medicare patients tha
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example, through CMMI, the Administ
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orient payment around the entirety
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Percent of Payments 60 Figure 4-26
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covered under ACO contracts at the
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Additional Steps to Reform the Heal
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legislation that overrides the reco
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Figure 4-28 Health Care Price Infla
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Figure 4-30 Trends in Real Prices f
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average growth rate of real per enr
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Figure 4-34 Growth in Real Costs fo
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made a large, readily quantifiable
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in states experiencing weaker and s
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distribution, holding fixed both sp
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individuals among individuals 65 an
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Figure 4-40 Average Real Deductible
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Figure 4-41 Real Per-Enrollee Presc
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educe the growth rate of Medicare s
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improvements will strengthen ACOs
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-5 0 -2 Figure 4-42 Cumulative Perc
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Woolhandler 2015). These analysts a
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productivity on the job. These bene
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Figure 4-46 Premiums and Cost Shari
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(KFF 2016). Another fifth of tradit
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2030 2028 2026 2024 2022 2020 2018
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C H A P T E R 5 INVESTING IN HIGHER
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Gainful Employment regulations. To
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Thousands of 2015 Dollars 900 800 7
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externalities, credit constraints,
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Figure 5-4 Earnings by Age and Educ
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Figure 5-5 Variation in Earnings by
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Box 5-1: Anti-Poverty Efforts and E
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careers. Some of the effects of the
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eligibility cutoff likewise finds s
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Box 5-2: Federal Investments in K-1
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Evaluations of early local Promise
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America’s College Promise Playboo
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Dollars 45,000 40,000 35,000 30,000
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pre-payment penalty. Second, by tyi
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equirements, pushed efforts associa
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Figure 5-16 Size of Outstanding Loa
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Figure 5-17 Average Monthly Payment
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Figure 5-18 Distribution of Key Out
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Figure 5-20 Earnings by Family Inco
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to student needs and improve test s
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Box 5-5: Making Sure Students Enter
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prior, the early FAFSA reform helps
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Figure 5-ii Number of Institutions
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Figure 5-23 Gainful Employment Earn
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Additionally, Pell Grants can be be
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C H A P T E R 6 STRENGTHENING THE F
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with no easy way to get the funds f
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public has limited information, run
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value added of the sector has gradu
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managers. Thus, after fees, savers
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Too Many Resources in Finance? Beyo
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of the firm after the purchase affe
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Percent 100 Figure 6-2 Mortgage Ori
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Figure 6-4 Case-Shiller Home Price
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Figure 6-7 Global OTC Derivative Ma
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consumer and investor protections.
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Figure 6-iv Top 5 Banks as Share of
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cult to replace with services from
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Are U.S. Banks Too Big? The questio
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The three federal banking agencies
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Risk Taking The Dodd-Frank Act took
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Box 6-3: The Performance of Communi
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Figure 6-ix Return on Assets of Ban
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egulators can take a more holistic
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Figure 6-13 Repo and Reverse Repo,
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Figure 6-15 Private Funds Reporting
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Days 60 Figure 6-16 Weighted-Averag
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Figure 6-18 Systemic Risk (SRISK),
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In the absence of another financial
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lower funding costs in 2007-09, “
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through the Dodd-Frank Act and othe
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Prior to the financial crisis, one
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asis.24 One of the advantages of ce
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findings from the NRSRO examination
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Prior to the crisis, enforcement of
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Box 6-5: Addressing the Problem of
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Table 6-i Sources of Investment Adv
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financial system and the systems of
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Box 6-6: The JOBS Act While it was
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Figure 6-23 S&P 500, 2003-2016 Inde
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Figure 6-27 Mortgage Delinquency an
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It created the FSOC to consider ris
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energy efficient and lower greenhou
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of domestic actions to reduce green
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people and vegetation (U.S. Global
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investment are much higher than the
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Delaying Action on Climate Change I
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uses and land management activities
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Carbon Pollution Standards for Powe
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a projected range of $16 billion to
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these resulted in insignificant cha
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Figure 7-4 Corporate Average Fuel E
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diesel fuel and jet fuel. The Vehic
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Box 7-3: Building Resilience to Cur
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sources in the oil and gas sector,
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emissions and total greenhouse gas
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Figure 7-7 Energy Intensity of Real
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Figure 7-10 U.S. Petroleum Consumpt
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Figure 7-12 Energy Intensity Transp
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Figure 7-14c Energy Intensity Comme
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Figure 7-16 U.S. Energy Consumption
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2008 to 7 percent in 2015. Figure 7
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Index, 2008 =0 0.1 0.0 -0.1 Figure
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Figure 7-23 Decomposition of Emissi
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three determinants of emissions? If
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Percent 100 80 Figure 7-26 Sectoral
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characteristics, and management tre
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oil and gas sector) were subsequent
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while creating new jobs and raising
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such as using similar methodologies
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Box 7-4: Supporting Increased Penet
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sector, the fee would incentivize p
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to be used to decompose emissions i
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Reinvestment Act.” NBER Working P
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D’Amico, Stefania, et al. 2012.
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______. 2016. “Chapter 3: Develop
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Chetty, Raj, et al. 2014. “Where
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NBER Working Paper 22170. Cambridge
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American Hospital Association and H
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Cantor, Joel C., et al. 2012. “Ea
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______. 2012a. “Direct Spending a
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Dranove, David, Craig Garthwaite, a
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Wars: Global Solutions for Developi
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Huang, Jidong, and Frank J. Chaloup
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McWilliams, J. Michael. 2016. “Ch
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Pinkovskiy, Maxim. 2014. “The Imp
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______. 2016. “Certification of M
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Arcidiacono, Peter, V. Joseph Hotz,
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Bulman, George, and Caroline Hoxby.
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______. 2015a. “Economic Costs of
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Dobbie, Will, and Roland G. Fryer J
- Page 527 and 528: Committee on Health, Education, Lab
- Page 529 and 530: Jepsen, Christopher, Kenneth Troske
- Page 531 and 532: Marcotte, Dave E., et al. 2005. “
- Page 533 and 534: Reynolds, Arthur J., et al. 2011.
- Page 535 and 536: Chapter 6 Acharya, Viral. V., Deniz
- Page 537 and 538: Fama, Eugene F., and Kenneth R. Fre
- Page 539 and 540: Wheelock, David C., and Paul W. Wil
- Page 541 and 542: ______. 2016a. “The Economics of
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- Page 545 and 546: Interagency Working Group on the So
- Page 547 and 548: Office of Management and Budget (OM
- Page 550: A P P E N D I X A REPORT TO THE PRE
- Page 553 and 554: Council Members and Their Dates of
- Page 556 and 557: Report to the President on the Acti
- Page 558 and 559: consulting with a wide variety of o
- Page 560 and 561: In October, the Council released a
- Page 562 and 563: Research Economists David Boddy . .
- Page 564: A P P E N D I X B STATISTICAL TABLE
- Page 567 and 568: GOVERNMENT FINANCE, INTEREST RATES,
- Page 569 and 570: Year or quarter Table B-1. Percent
- Page 571 and 572: Table B-2. Gross domestic product,
- Page 573 and 574: Table B-3. Quantity and price index
- Page 575 and 576: Table B-5. Real exports and imports
- Page 577: Year Total Table B-7. Real farm inc
- Page 581 and 582: Labor Market Indicators Table B-11.
- Page 583 and 584: Year or month Table B-12. Civilian
- Page 585 and 586: Table B-14. Employees on nonagricul
- Page 587 and 588: Year or month Table B-15. Hours and
- Page 589 and 590: Government Finance, Interest Rates,
- Page 591 and 592: Table B-19. Federal receipts and ou
- Page 593 and 594: Table B-21. Federal and State and l
- Page 595 and 596: Table B-23. U.S. Treasury securitie
- Page 597 and 598: Year and month Bills (at auction) 1
- Page 599: Year and month Table B-26. Money st
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