News published on Federal Newswire in June 1997

News from June 1997


Rule published on June 2 by Labor Department

The US Labor Department published a one page rule on June 2, according to the U.S. Government Publishing Office.


Rule published by Transportation Department on June 2

The US Transportation Department published a four page rule on June 2, according to the U.S. Government Publishing Office.


Transportation Department publishes proposed rule on June 2

The US Transportation Department published a two page proposed rule on June 2, according to the U.S. Government Publishing Office.


What did Commerce Department publish on June 2?

The US Commerce Department published a two page proposed rule on June 2, according to the U.S. Government Publishing Office.


Proposed rule published by Interior Department on June 2

The US Interior Department published a one page proposed rule on June 2, according to the U.S. Government Publishing Office.


Notice published by Agriculture Department on June 2

The US Agriculture Department published a one page notice on June 2, according to the U.S. Government Publishing Office.


No More Coddling the Proverbial Worm in the Apple

News Release: The codling moth, the most destructive insect pest of apples and pears worldwide, is being controlled in the western U.S.--and with less pesticides. The key is a coordinated attack over areas covering up to 1,000 acres and with 35 growers participating. The main tactic: using the insect's own sex drive to thwart its reproduction.


International Competitiveness: Labor Productivity Leadership and Convergence Among 14 OECD Countries

News Release: From 1970 through 1991, the United States led other OECD countries in overall labor productivity, a key measure of national competitiveness. During this period, labor productivity in these countries converged, both towards the mean OECD labor productivity and the U.S. level of labor productivity. This suggests living standards among the OECD countries are becoming more alike. In the latter half of the period, the rate of convergence slowed.


Re-Examining the Cost-of-Living Index and the Biases of Price Indices

News Release: The U.S. CPI is based on the Laspeyres price index, an index type that has an upward "substitution bias." Thus, the CPI tends to overstate increases in the cost of living. To address this bias, the Advisory Commission to Study the Consumer Price Index recommended adopting for the CPI a "superlative" price index, e.g., the Fisher or Tornqvist indices.


Structural Change in the U.S. Banking Industry: The Role of Information Technology

News Release: Commercial bank investment in information technology (IT) equipment has grown rapidly, from $104 million in 1960 to more than $10 billion in 1994. These investments in “hard” technologies (computer hardware, software, telecommunications equipment, etc.) have been accompanied by increases in "soft" technologies, ...