Economic expansion depends more and more on innovation — not simply producing more goods and services, but producing ever newer goods and services. Roots of Innovation, the latest issue of eJournal USA, seeks to show that innovation needs the right conditions to emerge
On November 15, President Obama participated in the 17th Annual Asia-Pacific Economic Cooperation (APEC) Leaders’ meeting in Singapore. He announced that in 2011, when the United States hosts APEC, he looks forward to welcoming his fellow APEC leaders to Hawaii
Learn more:
Commonly known as the Beige Book, the latest edition of The Summary of Commentary on Current Economic Conditions by Federal Reserve District was released in October.
Published eight times per year, the Beige Book summarizes economic information by District and sector. An overall summary of the twelve district reports is prepared by a designated Federal Reserve Bank on a rotating basis.
Reports from the 12 Federal Reserve Districts indicated either stabilization or modest improvements in many sectors since the last report, albeit often from depressed levels. Leading the more positive sector reports among Districts were residential real estate and manufacturing, both of which continued a pattern of improvement that emerged over the summer.
Both President Obama and Secretary of State Clinton plan to attend meetings of the Asia Pacific Economic Cooperation forum later this week.
The President will also visit Japan, China and South Korea while he is in the region. While in Singapore, Clinton will hold bilateral meetings with her counterparts from the region.
Learn more:
Outline of the U.S. economy has recently been updated to include information about the current global financial crisis. The U.S. economy of the 21st century little resembles that of the 18th century, but acceptance of change and embrace of competition remain unchanged.
This publication is part of a series produced by the U.S. Department of State’s Bureau of International Information Programs. Other titles include:
The G-20 Summit in Pittsburgh is now history. The gathering of leaders ended with pledges for cooperation on a range of issues.
The U.S. Department of Agriculture’s Foreign Agricultural Service (FAS) recently launched an enhanced U.S. foreign agricultural trade searchable database called the Global Agricultural Trade System (GATS).
The GATS database, which replaces the current U.S. trade data system, provides users with U.S. agricultural data not previously available from FAS, including U.S. Customs District trade data, monthly and annual trade data going back to 1967, and U.S. state export data.
July 2009 data was released on Thursday, September 10, 2009.
The Federal Reserve Bank has just published the September edition of the Beige Book, formally known as Summary of Commentary on Current Economic Conditions by Federal Reserve District. The summary indicated that economic activity continued to stabilize in July and August.
Each Federal Reserve Bank gathers anecdotal information on current economic conditions in its District through reports from Bank and Branch directors and interviews with key business contacts, economists, market experts, and other sources. The Beige Book summarizes this information by District and sector. An overall summary of the twelve district reports is prepared by a designated Federal Reserve Bank on a rotating basis.
U.S. meat imports (including prepared meat) almost doubled during the 10-year period (1998-2007). Australia and Canada accounted for most of the beef imports, while imports of lamb and goat meat came primarily from Australia and New Zealand, according to U.S. Food Import Patterns 1998-2007.
Australia’s shares of milk powder imports rose dramatically over this period from 16 to 25 percent for Australia — likely from the U.S.-Australia Free Trade Agreement.
This August 2009 report was produced by the Economic Research Service, U.S. Department of Agriculture.
The Council of Economic Advisers within the Executive Office of the President has projected potential developments in the U.S. labor market over the next 5 to 10 years. This 30-page report, Preparing the Workers of Today for the Jobs of Tomorrow, outlines the preparations necessary to develop the 21st century workforce.
