Living Arrangements Matter Not Just To Your Parents But Also To Policymakers


by Guillaume Vandenbroucke - The Regional Economist, Federal Reserve Bank of St. Louis

The United States has 115 million households, the makeup of which varies across the board. Some people live alone. In other households, many people reside - the average is 2.6. Some occupants are married. Some are cohabiting. Some have never married. Should the composition of U.S. households and the living arrangements of people in them matter to economists and policymakers? Yes. Think of unemployment and income inequality, for example. No question, these are issues of interest to policymakers. The decision to look for a job, as well as some measures of income inequality, are closely connected with the living arrangements people choose, as I will show in this article with a few statistics.


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What We Read Today 18 April 2015

Econintersect: Every day our editors collect the most interesting things they find from around the internet and present a summary "reading list" which will include very brief summaries (and sometimes longer ones) of why each item has gotten our attention. Suggestions from readers for "reading list" items are gratefully reviewed, although sometimes space limits the number included.

This feature is published every day late afternoon New York time. For early morning review of headlines see "The Early Bird" published every day in the early am at GEI News (membership not required for access to "The Early Bird".).


Every day most of this column ("What We Read Today") is available only to GEI members.

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What Can Parenting Teach Us About Data Security?

by Douglas A. King - Retail Risk Forum, Federal Reserve Bank of Atlanta

My older child often asks if he can play at his friend"s Mac"s house. If his homework is completed, my wife and I will give him the green light, as we are comfortable with where he is heading. This level of comfort comes from our due diligence of getting to know Mac"s parents and even the different sitters who watch the children when Mac"s parents might be working late.


Infographic Of The Day: A Calorie Is Not A Calorie

Why aren't all calories the same? Dr. Lustig's famous statement "a calorie is not a calorie" has baffled many.

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Video of the Day:

Police say hidden cameras have captured airport workers stealing from checked luggage.

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FOREX NEWS by DailyForex

Deflationary Fears Abate

Ask any consumer if they are worried about falling prices and they will give you a bemused smile and say “no”. In the experience of most of us, falling prices are only ever a transient effect, a pleasant and fleeting surprise.

Friday CPI Could Be Key to Inflation Woes

Today’s March consumer price index is more important than usual since it is one piece of data that traders say could change their assumptions on Fed policy.

Aussie Dollar Gets Relief from Jobs Data

Over the past 18 months, the Australian Dollar has been under significant pressure, at one point striking a 6-year trough as growth prospects diminished.

The Writing On The Wall?

Even the Greek government accepts that without help from its Eurozone partners, it will be unable to meet all of its obligations.

ECB Dismisses Greece Fears

European Central Bank (ECB) chief Mario Draghi dismissed fears of a Greek default at his regular press conference in Frankfurt on Wednesday, after the central bank announced that it was keeping interest rates steady.
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The Week Ahead: Are There Geopolitical Landmines Ahead?

 USA economy at a glance (boxed items are updates in last 7 days)

February 2015 Coincident Indicators Generally Show Slowing Growth

The above graph shows the index value for the US Coincident Index including February 2015 data (released Friday). A comparison of US Coincident Index, Aruoba-Diebold-Scotti business conditions index, Conference Board"s Coincident Index, ECRI"s USCI (U.S. Coincident Index), and Chicago Fed National Activity Index (CFNAI) coincident indicators follows. In general, most coincident indices (except for this Philly Fed Coincident Index) are showing slower growth.

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