Congressional Budget Office

  • Did Stimulus Stimulate the Economy? Overseas Stocks, Commodities Up

    The federal stimulus of 2009 came over the holiday weekend, with the estimated cost revised upward by more than $40 billion. Japan’s Nikkei 225 increased 0.6 percent on Monday as the yen appreciated against the dollar. Also, Germany’s DAX and France’s CAC 40 were both up small amounts on Monday.

    National 18 February 2014 15:12
  • Inflation Barely a Whisper; Homebuilders’ Optimism Status Quo; CBO Predicts Ballooning Public Debt

    The Consumer Price Index for All Urban Consumers edged up by 0.1 percent in August compared with July. Over the last 12 months, the index has risen 1.5 percent. The NAHB reported that builder confidence in the market for newly built, single-family homes held unchanged in September with a reading of 58 for that month. The Congressional Budget Office also reported that the federal government needs to shave $2 trillion off its spending over the next 10 years to stabilize long-term public debt.

    National 18 September 2013 14:04
  • Federal Deficit, Consumer Debt Shrink; Small Biz Owners More Optimistic

    The federal budget deficit is projected to shrink in fiscal 2013 to $642 billion, the smallest shortfall since 2008. Outstanding household debt also dropped by about $110 billion from the previous quarter. And according to the National Federation of Independent Business, its Index of Small Business Optimism was up in April by 2.6 points to 92.1, which is just above the recovery average of 90.7.

    National 15 May 2013 14:21
  • Guest Column: Healthcare Reform Becomes a Reality

    This was the summer of healthcare. And the new legislation will impact what America spends on healthcare, including healthcare real estate, relates Alter+Care senior vice president Donna Jarmusz.

    National 23 August 2012 20:55

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