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The Economics Daily

Minnesota had highest employment in turkey production, with North Carolina close behind 


November 26, 2014
Each year, millions of pounds of turkey are produced in the United States, allowing many Americans to make turkey the centerpiece of their Thanksgiving Day meals. In Minnesota, 957 workers were employed in the turkey production industry in March 2014; this was the highest among U.S. states and accounted for almost 20 percent of total U.S. employment in this industry. Workers in the turkey production industry are primarily engaged in raising turkeys for meat or egg production. Full Text »
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Beyond the Numbers

Analyzing alternatives to export price indexes

The International Price Program (IPP) at the U.S. Bureau of Labor Statistics (BLS) has produced a full set of export price indexes for merchandise goods since September 1983. Along with the import price indexes, which began a year earlier, the Office of Management and Budget designated the indexes as Principal Federal Economic Indicators. The export price indexes have a myriad of uses, but primary among them is to deflate the various trade statistics for the United States.
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Quiz

Test your knowledge


  1. Complete the statement with the correct percentages:

    Among people who had completed a bachelor's degree or more education and were no longer enrolled in school, __________ were employed in civilian jobs during October when age 25. In comparison, __________ of high school dropouts were employed in civilian jobs in the October they were age 25.
  2. Hint:
    Young adult employment varies by education.

     

  3. Complete the statement with the annual percent increase in the price for gold ores:

    In 2012, price increases for gold slowed, rising less than they had in each of the previous 4 years. The __________ increase in 2012 was the smallest yearly increase since the 2.6-percent advance in 2008.
  4. Hint:
    Gold prices rise more than 100 percent since 2008.

     

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