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.
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.
from the Cleveland Fed
Between July 2014 and January 2015, the average price of gasoline fell by more than 33 percent. This decline in gas prices has significantly impacted the Consumer Price Index (CPI), which has actually fallen every month since October 2014. Both the dramatic fall in gasoline prices and the recurrent drops in the CPI raise the question of how these developments are affecting the long-term inflation expectations of households. This is a question worth pursuing, because anchored long-term inflation expectations are important for promoting short-run inflation stability and for facilitating central bank efforts to achieve output stability.
Early Headlines: China QE, ISIS Training Camp Near U.S. - Mexican Border?, Montana GOP Controlled Legislature Passes Obamacare Expanded Medicaid and More
Early Bird Headlines 18 April 2015
Econintersect: Here are some of the headlines we found to help you start your day. For more headlines see our afternoon feature for GEI members, What We Read Today, which has many more headlines and a number of article discussions to keep you abreast of what we have found interesting.