New York SBDC Research Network

From World Economic Forum : The Global Competitiveness Report 2011-2012 assesses the competitiveness landscape of 144 economies, providing insight into the drivers of their productivity and prosperity. The Report series remains the most comprehensive assessment of national competitiveness worldwide.

From the Bureau of Labor Statistics Average annual expenditures per consumer unit rose 3.3 percent in 2011 following a decrease of 2.0 percent in 2010, the U.S. Bureau of Labor Statistics reported. The rise in spending in 2011 barely outpaced the 3.2-percent increase in prices for goods and services from 2010 to 2011, as measured by the average annual change in the Consumer Price Index (CPI-U). This was the first yearly increase in spending since the 1.7-percent rise from 2007 to 2008, as expenditures had declined in both 2009 and 2010. All major components of household spending increased in 2011. The 8.0-percent rise in transportation spending was the largest percentage increase among all major components. Overall spending on food and cash contributions (including payments for support of college students, alimony and child support, and giving to charities and religious organizations) both increased by 5.4 percent. Other spending highlights include a 4.9-percent rise in health car...

SBA Administrator Karen Mills and NASA Administrator Charles Bolden recently held a Google+ Hangout with a small business that helped NASA land the Curiosity rover on Mars. Staff from ATA Engineering joined the Hangout to explain their role in the Mars Science Laboratory and how small businesses can expand their markets by working with the Federal government. Watch now!

IRE and the Sunlight Foundation launched EconoCheck , a resource for journalists who want to fact-check the economic claims made by politicians. This will make it easier for folks to understand key economic indicators and how they are created. Also, there are links to the source data so journalists can download the files themselves. Bill Allison, Sunlight’s editorial director, blogged about how journalists can use the data to report on the things politicians say about the economy .

In addition to the US Copyright Office and the US Patent and Trademark Office , check out: Intellectual Property Infringement and Other Unfair Acts . Section 337 investigations conducted by the U.S. International Trade Commission most often involve claims regarding intellectual property rights, including allegations of patent infringement and trademark infringement by imported goods A list of Who’s Who in the U.S. Gov’t involved in IP Copyright: Taking the Mystery Out of Copyright (for students and teachers) The Copyright Society of the USA The Stanford Copyright and Fair Use Center Copyright Term and the Public Domain in the United States [Chart] Crash Course in Copyright from the University of Texas Copyright Navigator by Lionel S. Sobel

"Unless all the requirements are met, a purchaser of business assets in a bulk sale transaction may be held personally liable for any unpaid sales taxes due from the seller." Bulk sale transaction is defined as "a sale, transfer, or assignment in bulk of any ,part or the whole of business assets, other than in the ordinary course of business by a person required to collect tax. Transfer by way of a gift does not preclude such transfer from being a bulk sale... "A sales tax will be imposed upon the transfer of any tangible personal property from the seller to the purchaser which is included in the property sold in bulk, except for property intended for resale or property exempt from tax. The tax is not imposed on real property or on intangible personal property such as cash, goodwill, or accounts receivable." Read more here .

From Karen G. Mills, Administrator, U.S. Small Business Administration Your business has already succeeded in the most competitive market on the planet – the USA – so just imagine what you can do abroad. In foreign markets, you will find fewer competitors and you start with a significant advantage: consumers around the world trust the words "Made In America." There are free resources to help your business begin exporting, provided by the US government. To discover what is available, visit www.export.gov . There, you can connect to counselors, market matchmakers, and banks. You can also learn how U.S. government export insurance, working capital loans, and foreign buyer financing can protect you and your bank from transaction risk. Export.gov helps you access the experience of successful exporters, who will show you: How to manage the risk of doing business overseas Which markets and trade partners to select Where to secure capital on favorable terms ...