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The core expenditure of the Foreign Office is on posts overseas, and the only way to cut expenditure sharply is to close posts.
Total core expenditure, including core capital expenditure, increased by 31% between 2007 and 2009.
The 80% core expenditure covered by CD funds comprises a combination of operational/recurrent expenditure, plus investment in new systems, processes and equipment (Table 4).
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"What are my core expenditures?
But, he said, the "core" expenditures have actually outperformed targets as the government had undershot on planned spending.
Monday: The economic calendar kicks the week off with a bang, as January's personal income and spending, the core personal consumption expenditures (PCE) figure, January's construction spending, and the Institute for Supply Management's manufacturing index are all scheduled for release.
Most analysts now agree core defence expenditure for hard military power is well below 2%.
A closely watched inflation gauge, the core personal consumption expenditure deflator, posted its smallest year-over-year gain since February 2004.
Just a quick and dirty calculation: the 10-year rate minus the previous year's core personal consumption expenditure inflation: Rates in the 80s and 90s were actually above historical norms.
The Fed's goal is to achieve the target of 2% inflation in the long-term, and its preferred price index is the core personal consumption expenditure price index that excludes the volatile food and energy sectors (or core PCE for short).
The Fed's favoured price index, the core personal consumption expenditure deflator, which excludes food and fuel, rose by 1.8% in the year to the third quarter.In this section Loss leaders Kings of the wild frontier Another notch down Rate expectations Super-spiked Kahn do Money v mosquito ReprintsThese are all sensible arguments for lower rates.
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