Quarterly Update: The CBO Forecasts a “Rosy Scenario” (0)
11/29/11 •
Author: Llad Phillips The Congressional Budget Office (CBO) released its 2011 Long Term Budget Outlook in June of this year. There is an Abstract, a Summary, a Full Summary and the entire report (in pdf format) available at http://www.cbo.gov/doc.cfm?index=12212 . There is also a testimony of the Director of the CBO before the House Budget [...]
Recent Posts
Update: Civilian Labor Force Participation (0)
11/16/11 •
Author: Llad Phillips Uncertainty continues about the economy and especially the labor and housing market. In this blog we examine the total number of unemployed in California. At its peak in the first quarter of 2010, the number of unemployed reached 2, 340, 000. The California Department of Finance predicts a decline in these numbers [...]
Comparing Recessions – Santa Barbara County (0)
11/03/11 •
It has been 3 years and 10 months since the start of the national recession as dated by the National Bureau of Economic Research. National measures of economic activity and labor market health continue to remain remarkably low, but how should we analyze how the local economy has responded to the “Great Recession”? A common [...]
Cooley-Rupert Economic Snapshot (0)
10/05/11 •
There has been much discussion of the current cycle as a “Great Recession” and many over-stretched comparisons to the Great Depression. In the Cooley-Rupert Economic Snapshot, Peter Rupert (UCSB, director EFP) and Tom Cooley (NYU Stern) believe the best way to characterize the current state of the economy is to present the data in a [...]
Crime in Santa Barbara (1)
9/20/11 •
The UCSB Economic Forecast Project reports on various social indicators, including offenses known to the police. In this study we examine the number of violent offenses consisting of murder and non-negligent manslaughter, forcible rape, robbery, and aggravated assault, as well as the number of property offenses consisting of burglary, larceny-theft, and motor vehicle- theft. Even-though [...]
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