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Budget and Economic Outlook 2018 to 2028 by Government Publications Office Pdf
The Congressional Budget Office (CBO) routinely presents the latest possible forecast of economic activity projected a decade in advance. These forecasts are continually updated to reflect social, political, and economic changes that could impact financial reporting results.
An Update to the Budget and Economic Outlook: Fiscal Years 2017 To 2027 by Congressional Budget Office (U.S.) Pdf
Learn About America's Monetary Policy, Interest Rates, and Economic projections! CBO's economic forecast--which underlies its budget projections--indicates that, under current law, the economy will expand through 2018 at a pace that leads to further tightening of the labor market. Greater demand for workers will put downward pressure on the unemployment rate and upward pressure on the rate of labor force participation. As the amount of unused productive resources in the economy shrinks, inflation and interest rates are projected to rise. In the later part of the 10-year projection period, annual output growth is projected to average 1.9 percent, constrained by a relatively slow increase in the size of the nation's labor force. High school students and above may find this report beneficial for U.S. economy, economic conditions, and America's debt research papers. American citizens, small business, corporations, lobbyists, fiscal managers, economists, and media news outlets may find this information invaluable for understanding America's future growth and management of debt. Members of Congress, government agency personnel at Federal and State level, plus investors may be interested in this updated edition. Related products: Congressional Budget Reports & Economic Analyses resources collection can be found here: https://bookstore.gpo.gov/catalog/budget-economy/congressional-budget-reports-economic-analyses Budget of the U.S. Government, A New Foundation for American Greatness, Fiscal Year 2018 is available here: https://bookstore.gpo.gov/products/budget-united-states-government-fy-2018-paperback-book Major Savings and Reforms: Budget of the U.S. Government, Fiscal Year 2018 can be found here: https://bookstore.gpo.gov/products/major-savings-and-reforms-budget-us-government-fiscal-year-2018 Sign up today for an annual print subscription to Economic Indicators that provide economic information on gross domestic product, income, employment, prices, wages, production, business activity, security markets, Federal Finance, and more at this link: https://bookstore.gpo.gov/products/sku/752-004-00000-5?ctid=
Budget and Economic Outlook by United States. Congressional Budget Office Pdf
The state of the economy is particularly uncertain at the moment. The pace of economic growth slowed in 2007, and there are strong indications that it will slacken further in 2008. In CBO's view, the ongoing problems in the housing and financial markets and the high price of oil will curb spending by households and businesses this year and trim the growth of GDP. Although recent data suggest that the probability of a recession in 2008 has increased, CBO does not expect the slowdown in economic growth to be large enough to register as a recession. Economic performance worse than that suggested in CBO's forecast could significantly decrease projected revenues and increase projected spending. Furthermore, policy changes intended to mitigate the economic slowdown would, by design, tend to increase the budget deficit in the short term. CBO expects the economy to rebound after 2008, as the negative effects of the turmoil in the housing and financial markets fade. Under the assumptions that govern CBO's baseline, the budget deficit will amount to 1.5 percent of GDP or less each year from 2009 to 2011. Subsequently, the budget will show a small surplus of 0.5 percent of GDP in 2012 and remain near that level each year through 2018 (the end of the current 10-year projection period). CBO's baseline budget projections for the next 10 years are not a forecast of future outcomes; rather, they are based on the assumption that current laws and policies remain the same. The projections stem from longstanding procedures that were, until recently, specified in law, and they serve as a benchmark that lawmakers and others can use to assess the potential impact of future policy decisions.
Budget and Economic Outlook 2019 to 2029 by Government Publications Office Pdf
The Congressional Budget Office (CBO) routinely presents the latest possible forecast of economic activity projected a decade in advance. These forecasts are continually updated to reflect social, political, and economic changes that could impact financial reporting results.
One of a series of reports on the state of the budget and the economy that is issued each year; the report makes no recommendations. Contents: The Budget Outlook; The Economic Outlook; The Spending Outlook; The Revenue Outlook; Changes in the Baseline Since August 2007; Trust Funds and Measures of Debt; How Changes in Economic Assumptions Can Affect Budget Projections; The Treatment of Federal Receipts and Expenditures in the National Income and Product Accounts; Economic Projections for 2008 to 2018; Historical Budget Data; Contributors to the Revenue and Spending Projections; Glossary. Charts and tables.
The Budget and Economic Outlook by Congressional Budget Office Pdf
The federal budget deficit, which has fallen sharply during the past few years, is projected to hold steady relative to the size of the economy through 2018. Beyond that point, however, the gap between spending and revenues is projected to grow, further increasing federal debt relative to the size of the economy—which is already historically high. Those projections by the Congressional Budget Office, based on the assumption that current laws governing taxes and spending will generally remain unchanged, are built upon the agency's economic forecast. According to that forecast, the economy will expand at a solid pace in 2015 and for the next few years—to the point that the gap between the nation's output and its potential (that is, maximum sustainable) output will be essentially elimi-nated by the end of 2017. As a result, the unemployment rate will fall a little further, and more people will be encouraged to enter or stay in the labor force. Beyond 2017, CBO projects, real (inflation-adjusted) gross domestic product (GDP) will grow at a rate that is nota-bly less than the average growth during the 1980s and 1990s.
Author : World Bank Group Publisher : World Bank Publications Page : 180 pages File Size : 42,5 Mb Release : 2018-06-18 Category : Business & Economics ISBN : 9781464813245
Global Economic Prospects, June 2018 by World Bank Group Pdf
Global growth has eased but remains robust and is projected to reach 3.1 percent in 2018. It is expected to edge down in the next two years, to 2.9 percent by 2020, as global slack dissipates, trade and investment moderate, and financing conditions tighten. Growth in advanced economies is predicted to decelerate toward potential rates as monetary policy normalizes and the effects of U.S. fiscal stimulus wane. In emerging market and developing economies (EMDEs), growth in commodity importers will remain robust, while the rebound in commodity exporters is projected to mature during the next two years. Progress in per capita income growth will be uneven, however, remaining particularly subdued in Sub-Saharan Africa. Risks to the outlook remain tilted to the downside. The possibilities of escalating trade protectionism and disorderly financial market movements have increased substantially in recent months, and the risk of heightened geopolitical tensions continues to cloud the outlook. EMDE policymakers need to rebuild monetary and fiscal policy buffers and be prepared for rising global interest rates and possible episodes of financial market turbulence. In the longer run, EMDEs need to tackle ongoing structural challenges and boost potential growth, by promoting competitiveness, adaptability to technological change, and trade openness. Global Economic Prospects is a World Bank Group Flagship Report that examines global economic developments and prospects, with a special focus on emerging market and developing countries, on a semiannual basis (in January and June). The January edition includes in-depth analyses of topical policy challenges faced by these economies, while the June edition contains shorter analytical pieces.
Brookings Papers on Economic Activity: Spring 2018 by Janice Eberly,James H. Stock Pdf
Brookings Papers on Economic Activity (BPEA) provides academic and business economists, government officials, and members of the financial and business communities with timely research on current economic issues. Contents: Is Automation Labor Share-Displacing? Productivity Growth, Employment, and the Labor Share David Autor and Anna Salomons Safety Net Investments in Children Hilary W. Hoynes and Diane Whitmore Schanzenbach Jobs for the Heartland: Place-Based Polices in 21st-Century America Benjamin Austin, Edward Glaeser, and Lawrence Summers Macroeconomic Effects of the 2017 Tax Reform Robert J. Barro and Jason Furman Liquidity Crises in the Mortgage Market You Suk Kim, Steven M. Laufer, Karen Pence, Richard Stanton, and Nancy Wallace Mortgage Market Design: Lessons from the Great Recession Tomasz Piskorski and Amit Seru
Author : William G. Gale Publisher : Oxford University Press Page : 256 pages File Size : 45,6 Mb Release : 2019-03-01 Category : Business & Economics ISBN : 9780190645434
Keeping the economy strong will require addressing two distinct but related problems. Steadily rising federal debt makes it harder to grow our economy, boost our living standards, respond to wars or recessions, address social needs, and maintain our role as a global leader. At the same time, we have let critical investments lag and left many people behind even as overall prosperity has grown. In Fiscal Therapy, William Gale, a leading authority on how federal tax and budget policy affects the economy, provides a trenchant discussion of the challenges posed by the imbalances between spending and revenue. America is facing a gradual decline as debt accumulates and delay raises the costs of action. But there is hope: fiscal responsibility aligns with both conservative and liberal goals and citizens of all stripes can support the notion of making life better for our children and grandchildren. Gale provides a plan to make the economy and nation stronger, one that controls entitlement spending but preserves and enhances their anti-poverty and social insurance roles, increases public investments on human and physical capital, and raises and reforms taxes to pay for government services in a fair and efficient way. What is needed, he argues, is to balance today's needs against tomorrow's obligations. We face significant fiscal challenges but, if we are wise enough to seize our opportunities, we can strengthen our economy, increase opportunity, reduce inequality, and build better lives for our children and grandchildren. We do not have to kill popular programs or starve government. Indeed, one main goal of fiscal reform is to maintain the vital functions that government provides. We need to act responsibly, pay for the government we want, and shape that government in ways that serve us best.
Have faith. End hunger. Ending hunger is a moral imperative that does not stand alone. Hunger thrives on the racial, social, and economic inequalities that are eating away at the soul of our nation and pulling us apart. But ending hunger could now become the cause that brings us together across partisan lines to make our economy include everyone and work for everybody. The goal of ending hunger nationwide is not only noble but easily within reach. Taking up this goal could give us a corrective lens, a lens of hope for seeing ourselves and our country in a new way. It could also give us better vision for helping the world overcome extreme hunger and poverty. Our failure to speak and write to members of Congress about hunger consigns millions of people here and abroad to diminished lives and premature death, so it is a silence that kills. We can break that silence by urging the nation’s leaders to help end hunger and humanize our economy. This book addresses all people of goodwill, including agnostics and atheists, but with a special word of concern for religious people—Christians in particular—who help through charity, but neglect to use the power of their citizenship against hunger.
Principles of Economics in Context by Neva Goodwin,Jonathan M. Harris,Julie A. Nelson,Brian Roach,Mariano Torras Pdf
The study of economics should not be highly abstract, but closely related to real-world events. Principles of Economics in Context addresses this challenge, laying out the principles of micro-and macroeconomics in a manner that is thorough, up to date and relevant to students, keeping theoretical exposition close to experience. Emphasizing writing that is compelling, clear, and attractive to students, it addresses such critical concerns as ecological sustainability, distributional equity, the quality of employment, and the adequacy of living standards. Key features include: Clear explanation of basic concepts and analytical tools, with Discussion Questions at the end of each section, encouraging immediate review of what has been read and relating the material to the students’ own experience; Full complement of instructor and student support materials online, including test banks and grading through Canvas; Key terms highlighted in boldface throughout the text, and important ideas and definitions set off from the main text; A glossary at the end of the book containing all key terms, their definitions, and the number of the chapter(s) in which each was first used and defined. Updates for the second edition include: Expanded coverage of topics including inequality, financialization and debt issues, the changing nature of jobs, and sustainable development; New material on wage discrimination by race and gender; an expanded section on labor markets and immigration; Updated discussion of fiscal policy to include more recent developments such as the Trump tax cuts; New material on behavioral economics, public goods, and climate change policy; a new section on “The Economics of Renewable Energy.” This new, affordable edition combines the just-released new editions of Microeconomics in Context and Macroeconomics in Context to provide an integrated full-year text covering all aspects of both micro-and macro-analysis and application, with many up-to-date examples and extensive supporting Web resources for instructors and students. The companion website can be found at: http://www.bu.edu/eci/education-materials/textbooks/principles-of-economics-in-context/
