WSJ By The Numbers - Top 10 for Oct.13

A compendium of revealing stats and the key leading economic indicators and business metrics based on today's Wall Street Journal article and reports:

The Coming Crunch: The U.S. population will hit 300 million at 7:46 on Tuesday morning, October 17th 2006, says the Census Bureau. But it's the 400 million milestone, which the U.S. will reach in about 35 years, that has demographers and economists really talking. U.S. has about 86 people per square mile nationwide now. The U.S. Census Bureau has been recording the steady march to the 300 million mark with an online population clock that adds one person every 11 seconds.

The U.S. population has grown 50% since 1967 when it hit 200 million. But the size of the economy, as measured by the production of goods and services, is up 217%. The Census Bureau says the U.S. population will grow by a further 34% by midcentury, even as Europe's population shrinks by 8% and Japan contracts by 9%.

Inside Goldman's Secret Rite:The Race to Become Partner: Goldman will announce on Oct. 25 its new class of partners, who will join the 287 who currently hold that title. Last year, that group shared more than $2 billion, or about 20% of the total compensation Goldman paid to its more than 25,000 employees world-wide, according to people familiar with the matter. That averages out to about $7 million per partner. $2B
Goldman Pay
U.S. Trade Gap Widened in August: The U.S. trade deficit jumped to a record $69.86 billion in August, powered by strong imports of consumer goods from China and the steep cost of imported oil. The 2.7% increase from July kept the nation on track to shatter its record annual trade gap of more than $700 billion in 2005, the Commerce Department said yesterday. U.S. trade deficit with China up 12% to a record $21.96 billion for the month, three times as wide as the U.S.'s trade gap with Japan.  $700B
Trade Deficit
Pepsi Raises Full-Year Profit Outlook: Pepsi's profit grew 11% in the quarter ended Sept. 9. Yesterday, the Agriculture Department estimated that the 2006-2007 Florida orange crop would yield 135 million boxes, the lowest level since the 1989-90 season. The news sent juice futures to a 16-year high.  135M
Orange Boxes

China's Oil Imports Surge Amid Relentless Demand: China, the world's second-biggest oil consumer, imported a record volume of crude last month, as crude imports in September jumped an average of about 3.3 million barrels a day -- 24% more than in September 2005, according to China's General Administration of Customs. For the first nine months of the year, China's trade surplus reached $109.85 billion, surpassing its $102 billion surplus for all of 2005.

China Surplus
India, EU Work Toward Trade Pact: EU trade with India amounted to €40 billion, or about $50 billion, of goods and services last year, with exports to India accounting for less than 2% of the EU total. By comparison, trade between the 25-nation bloc and China totaled €261 billion last year.  $50B
India-EU Trade
Firms Study Drugs to Help Avert Diabetes: The market for a diabetes-prevention drug could be  $15 billion a year, according to some analysts. There are an estimated 54 million people in the U.S. with "pre-diabetes," which means that their scores on blood-sugar tests are higher than normal but still not elevated enough to be classified as having Type 2 diabetes, the American Diabetes Association says.  $15B
Diabetes Prevention

Money-Fund Assets Rise in Week: Money-market mutual-fund assets increased by $17.61 billion to $2.264 trillion for the week ended Wednesday, according to the Investment Company Institute. Assets of the 880 retail-class shares increased by $3.98 billion to $933.37 billion, while assets of the 1,134 institutional-class shares increased by $13.63 billion to $1.33 trillion. 

Money-market MFs

WSJ By The Numbers - Metrics 2.0

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