Mount mechanisms for the Saturn 5/Apollo mobile launcher at John F. Kennedy Space Center

A support system was designed to resist hurricane wind loads at the launch pad and to allow the supported structural frame to expand and contract freely under wide ranges of temperature. This system consists of six mount mechanisms devised to meet the previously stated requirements plus a load-carrying capacity for each of 3.2-million kilograms (7-million pounds) downward and 1.6-million kilograms (3.5-million pounds) upward. A similar but lighter system of six mount mechanisms was designed for use in the sheltered environment of the vehicle assembly building. Each requirement and design result is discussed, and each mount mechanism is defined by location and type with references to visual presentations

Asymmetric information and the role of FED watching

Federal Open Market Committee ; Monetary policy - United States

How well does the Beige Book reflect economic activity? Evaluating qualitative information quantitatively

Eight times a year, approximately two weeks before every FOMC meeting, the Federal Reserve releases a description of economic conditions in the twelve Federal Reserve districts. Called the Beige Book, this description relies primarily on surveys and anecdotal evidence gathered by the twelve district banks. In this paper, we read and numerically scored past Beige Books in order to determine the extent to which the descriptions in these books accurately reflect current economic activity as measured by quarterly real GDP growth. We find that both in-sample and out-sample, the quantitative Beige Book indices do have significant predictive content for current and next quarter real GDP growth. Furthermore, the Beige Book has information about current quarter real GDP growth not present in other indicators such as the Blue Chip Consensus Forecast or time series models that use real-time data.Economic policy ; Federal Open Market Committee ; Monetary policy