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Economy content

Semiannual Risk Perspective

Semiannual Risk Perspective

The Spring 2025 Semiannual Risk Perspective from the OCC highlights how rising interest rates, commercial real estate exposure, and cybersecurity threats are reshaping risk for national banks and federal savings…

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Field of Bachelor’s Degree in the United States: 2022

Field of Bachelor’s Degree in the United States:...

Population shifts across U.S. counties don’t happen in a vacuum—they reflect broader trends in migration, economic opportunity, and local policy. This American Community Survey brief explores 2022 population changes, highlighting…

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Investments under Risk: Evidence from Hurricane Strikes

Investments under Risk: Evidence from Hurricane...

How do companies respond when hurricanes hit their operations? This study shows that after major hurricane strikes, firms shift capital investment away from affected areas toward safer regions—especially after 1997,…

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Welfare Indicators and GDP

Welfare Indicators and GDP

This BEA working paper dives into the nuanced relationship between income inequality and household consumption across U.S. states. While high-income households have grown richer, their extra income hasn’t translated into…

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Executive Order 14316: Extending the Modification of the Reciprocal Tariff Rates

Executive Order 14316: Extending the Modification...

This Executive Order extends the temporary suspension of enhanced tariffs on certain imported goods as the U.S. continues negotiations with key trading partners. Originally imposed to counter large and persistent…

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A Truck Mileage Traveled Tax to Enhance US Roadway Sustainability

A Truck Mileage Traveled Tax to Enhance US Roadway...

The 2025 Trucking VMTT (Vehicle Miles Traveled Tax) report explores how shifting from fuel taxes to mileage-based fees could reshape the financial backbone of U.S. transportation infrastructure. As fuel efficiency…

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The Bayh-Dole Act’s Role in Stimulating University-Led Regional Economic Growth

The Bayh-Dole Act’s Role in Stimulating...

The Bayh-Dole Act helped unlock the economic potential of federally funded research, but its benefits have not reached all communities equally. Today, there’s a growing push to ensure that innovation…

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Short-Circuited: How Semiconductor Tariffs Would Harm the U.S. Economy and Digital Industry Leadership

Short-Circuited: How Semiconductor Tariffs Would...

Blanket tariffs on semiconductor imports could do more harm than good for the U.S. economy. According to ITIF, proposed 25% tariffs would lead to reduced economic growth, increased costs for…

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Average Annual Pay Per Employee

Average Annual Pay Per Employee

New data from the 2023 County Business Patterns report reveals wide disparities in average annual pay across U.S. economic sectors. While the overall average stands at $68,342, industries like Information…

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Risks From Within and Abroad

Risks From Within and Abroad

For the first time in decades, the 2025 World Economic Forum forecasted that state-based armed conflict would be the top global risk this year. And this appears to be true—war…

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The Rising Returns to R&D: Ideas Are Not Getting Harder to Find

The Rising Returns to R&D: Ideas Are Not Getting...

Despite concerns that “ideas are getting harder to find,” this paper finds that R&D has actually become more productive over the last four decades. Using U.S. Census data from 1976…

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Impact Investing and Worker Outcomes

Impact Investing and Worker Outcomes

This paper investigates how impact investing—where private capital pursues social goals alongside profits—affects worker outcomes. Using extensive U.S. Census data, it finds that firms backed by impact investors are more…

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Women’s History Month: 2025 Women-Owned Employer Businesses in the United States

Women’s History Month: 2025 Women-Owned Employer...

In celebration of Women’s History Month 2025, new data highlights the vital role of women-owned businesses in the U.S. economy. Out of 5.9 million employer businesses nationwide, 1.3 million are…

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Measure the Unmeasurable: Demonstrating the Economic Value of Federal Science Infrastructure

Measure the Unmeasurable: Demonstrating the...

Quantifying the value of science infrastructure is no easy task, but it’s essential for shaping smart investments. RTI’s work with neutron scattering facilities showcases how federal research infrastructure fuels innovation…

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Gross Domestic Product (Second Estimate), Corporate Profits (Preliminary Estimate), 1st Quarter 2025

Gross Domestic Product (Second Estimate),...

The U.S. economy grew at an annual rate of 1.3% in the first quarter of 2025, according to the second estimate from the Bureau of Economic Analysis. This marks a…

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