ANGRY BEAR’S ECONOMIC ROUNDUP
DECEMBER 14-20, 2008 Key economic news, data, reports, and other information in the rapidly changing economy. Your suggestions and links in comments will be updated periodically in the main post.
ANGRY BEAR’S ECONOMIC ROUNDUP
DECEMBER 14-20, 2008
FRBNY National Economic Indicators Calendar
AFP ECON WATCH: Brief Overview of Economic Events; and here
Previous Angry Bear Economic Roundup – Dec 15, 2008 – TEST
FEDERAL RESERVE AND MONETARY POLICY
12/16 – Federal Open Market Committee Action
FEDERAL SECURITIES
12/16 – Treasurys spike after Fed repeats call to buy bonds
DERIVATIVES
12/15 – Frenzy: THE CRASH What Went Wrong
BANKING AND CREDIT
12/15 – U.S. Aims to Rein In Credit-Card Rates
12/16 – Fed May Buy Lower-Rated Assets to Ease Credit Crunch
12/16 – Credit spreads expected to tighten in 2009
12/16 – Goldman Sachs Reports 1st-Ever Loss As Public Company; and here
12/18 Treasury – Office of Thrift Supervision (OTS) Approves Final Rule Barring
Unfair Credit Card Practices – Takes Effect July 1, 2010; Fact Sheet; and Final Rule full text
12/18 Fed Takes Swipe At Credit Card Rules; See
this shocking VIDEO
EDUCATION
12/15 – States Eyeing Education Cuts Amid Budget Shortfalls
12/12 – U.S. DOL H-2A Final Rule; and here
12/18 – DOL
news release – U.S. Department of Labor Issues Final H-2B Rule
12/18 – DOL ETA
news release – UNEMPLOYMENT INSURANCE WEEKLY CLAIMS REPORT; and State details (last
week)
EMPLOYMENT
12/05 – DOL Chart Pack – Employment Statistics Highlights: Nov 2008
12/11-Government Report – Unemployment Insurance Weekly Claims Report
12/12 – U.S. DOL H-2A Final Rule; and here
WAGES
12/16 – Gov Report – Real Earnings
12/16 – Big 3 Not Only Employers with Great Wages and Benefits
HOUSING
12/16 – Gov Report – New Residential Construction: Nov 2008; and here
HEALTHCARE
B2B Knowledge Source – White Papers
12/16 – New York Hospitals Brace for Healthcare Cuts under New State Budget
12/16 – California’s Healthy Families Program Gets A Last-minute Lifeline
PRICE INDEXES
12/11 – Gov Report – U.S. Import and Export Price Indexes: Nov 2008
12/12 – Gov Report – Producer Price Indexes: Nov 2008
12/16 – Gov Report – Consumer Price Index: Nov 2008
12/16 – Drop in Consumer Prices Is Most Since 1932
RETAIL
12/12 – Gov Report – Advance Monthly Sales for Retail Trade and Food Services: Nov 2008
12/14 – SpendingPulse 2008 Holiday Midseason Update
12/15 – States Worry About Slumping Retail Sales Revenues
12/16 – Mall Owners Sent Reeling by Spiraling Credit Woes
12/16 – Retail Sales Down for Fifth Straight Month
WHOLESALE
12/10 – U.S. Wholesale Inventories Drop Most in 7 Years
12/12 – Wholesale prices drop 2.2 percent in November
INDUSTRIAL BASE
12/16 – GE to Eliminate Quarterly Earnings Guidance; and here
U.S. AUTO INDUSTRY
12/02 – Gov Report – Automotive Industry: Employment, Earnings, and Hours
12/16 – Chrysler Follows GM’s Lead, Partners with Credit Unions to Offer Loans
12/16 – Bush: More Time Needed for Auto Bailout
12/16 – Automakers Fend Off Parts Companies’ Cash Demands
STATES
12/12 – California Sliding Toward $41.8B Budget Deficit
12/16 – California Republican State Lawmakers Budget Plan: Slash $10 Billion from Schools
12/16 – New York Gov. Paterson Unveils New Budget in ‘Historic’ Fiscal Crisis
12/16 – Florida Legislature Sets Special Budget Crisis Session; and here
INTERNATIONAL TRADE
12/16 – Gov Report – U.S. Export Prices: Nov 2008
NOTE: Contributions by readers throughout the day are encouraged. Please add
your general comments and subject links in the comments section. Thanks.