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Colleen D. Anderson [email protected] Reference Department, Douglas & Judith Krupp Library Spring 2012 Macroeconomic Principles: Data, News & Analysis

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Page 1: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Colleen D. [email protected] Department, Douglas & Judith Krupp LibrarySpring 2012

Macroeconomic Principles: Data, News & Analysis

Page 2: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Your Library Contacts

• Colleen D. Anderson, Reference Librarian subject areas: accounting, business, finance & [email protected]

• Maura Keating, Reference Librariansubject areas: [email protected]

• Laura Kohl, Reference Librariansubject areas: social [email protected]

• Jenifer Bond, Assistant Director & Reference Librariansubject areas: management & [email protected]

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Page 3: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

How to Locate Articles on Economic TopicsSelect the Articles & Databases link from the Library website to obtain a listing of all of the

library’s databases that carry business journals and newspapers.

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Page 4: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

The Journals List for locating a particular journal.From the Articles and Databases page, select “j” at the alphabetical listing.

Select the Journals List to locate the database that carries a particular journal in full text.

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Page 5: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Business Journals & Newspapers with Economic News

Name of Journal or Newspaper• Barron’s

• Bloomberg BusinessWeek

• The Economist

• Forbes Magazine

• Fortune Magazine

• Wall Street Journal

Name of Database• ABI Inform Global

• ABI Inform Global

• Business Source Complete

• ABI Inform Global

• Business Source Complete

• Newspapers Database

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Page 6: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Library Databases for Economic News

• Conference Board – Business Knowledge Research

Select the Economic Research section of the page. This includes a special issue on the 2012 Global Economic Outlook.

• Standard & Poor’s NetAdvantageSelect the Economic Insight link. The retrieve page contains:Trends & Projections economic newsletter.

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Page 7: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Free Business and Financial Sites with Economic News

• CNN Money Economy Section at http://money.cnn.com/news/economy/

• MarketWatch (WSJ) Economy/Politics Section at http://www.marketwatch.com/economy-politics?link=MW_Nav_EP

• The Economy Section at NPR at http://www.npr.org/sections/economy/

• Reuters Economy News at http://www.reuters.com/finance/economy

• Yahoo’s Economy News Headlines at http://news.yahoo.com/economy/

• Also see: Bloomberg’s Economic Calendar at http://www.bloomberg.com/markets/economic-calendar/

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Page 8: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Current Economic Policy

• The Economy

President Barack Obama. The White House.

…policy, performance, and recent news on the economy from the Office of the White House.

• Monetary Policy from the Federal Reserve

…policy is made by the Federal Open Market Committee, a committee consisting of the Board of Governors of the Federal Reserve System and the Reserve Bank presidents.

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Page 9: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Commentary and Forecasts on the U.S. Economy

• The Livingston Survey

…presented by the Federal Reserve Bank of Philadelphia, this is the oldest continuous survey of economists’ expectations of the economy.

• The Budget and Economic Outlook: Fiscal Years 2011 to 2021

…a series of reports on the state of the budget and the economy issued by the Congressional Budget Office.

• Economics Research link The Conference Board. Business Knowledge Network.

…latest economic indicators and access to StraightTalk, a monthly

publication from the Chief Economist at The Conference Board.

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Page 10: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Sources for Locating Economic Indicators and Data

• Explanations of Economic Indicators

• Monthly U.S. Economic Data

• Annual U.S. Economic Data

• Regional Economic Data

• Personal Income and Expenditures

• Monetary Policy, Money Supply & Interest Rates

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Page 11: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Explanations of Economic Indicators

Guide to Economic Indicators(also available electronically at http://helin.uri.edu/record=b3543125~S29)by Norman Frumkin. (4th edition, 2006).

Guide to Economic Indicators (Economist Publications Staff)London: the Economist, 2006.

The Secrets of Economic Indicators: Hidden Clues to Future Economic Trends and Investment Opportunities

Upper Saddle, N.J.: Wharton School Publishing, 2008.

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Page 12: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Monthly U.S. Economic Data

• Economic Indicators …a monthly compilation of data prepared for the Joint Economic

Committee by the Council of Economic Advisors. • Economic Indicators.gov

U.S. Economics and Statistics Administration.…timely access to the daily releases of key economic indicators from the Bureau of Economic Analysis and the U.S. Census Bureau.

• The U.S. Economy at a GlanceU.S. Bureau of Labor Statistics.…the latest data on unemployment, average hourly earnings, and other economic indicators.

• Economagic…click on the Most Requested Series link to access data on GDP, inflation, unemployment and more.

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Page 13: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Annual U.S. Economic Data

• The Economic Report of the President…an annual report written by the Chairman of the Council of Economic Advisors. Consists of overviews of the nation’s economic progress and extensive data appendices.

• Budget of the United States Government…issued by the Office of Management and Budget, this publication contains the budget message of the President, budget proposals, and other budgetary publications.

• Financial Report of the United States Government…issued by the Financial Management Service of the U.S. Dept. of the Treasury. Provides a comprehensive overview of the federal government’s finances on an accrual basis.

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Page 14: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Regional Economic Data

• The Beige Book…published 8X per year. This report is a Summary of Commentary on Current Economic Conditions by Federal Reserve District.

• Regional Economic Conditions…from the Federal Deposit Insurance Corporation (FDIC), RECON provides access to state, MSA, or county data to view graphs, tables, and maps depicting economic conditions for the regions and how these conditions have changed over time.

• Rhode Island Economic Development Corporation…the official economic development organization for the state of Rhode Island. Click on the site’s Data and Publications link to access data on Rhode Island’s communities, economy, and workforce.

• Survey of Current Business. Regional Tables.…under Charts, Tables, and More, click on the link to Regional Data to retrieve State and Regional Tables and data on personal income, discretionary income, GDP by state , and more.

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Page 15: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Personal Income and Expenditures

• U.S. Dept. of Commerce. Bureau of Economic Analysis. U.S. Economic Accounts …includes national data on personal income and accounts as well as state and local personal income.

• Survey of Current Business. NIPA Tables.…under Charts, Tables, and More, click on the link to National Data and then Selected NIPA Tables. You will retrieve current data on Personal Consumption Expenditures and Gross Private Domestic Investment.

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Page 16: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Monetary Policy--Money Supply--Interest Rates

• The Board of Governors of the Federal Reserve

…the Federal Reserve is the central bank of the United States created by Congress to provide the nation with a stable monetary and financial system.

• Economic Research and Data from the Federal Reserve

…includes principle economic indicators, interest rate data, money stock and reserve balances, and more. Current and historical data is available.

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Page 17: Colleen D. Anderson canderso@bryant.edu Reference Department, Douglas & Judith Krupp Library Spring 2012 canderso@bryant.edu Macroeconomic Principles:

Contact a Reference Librarian for Help!

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