CEI’s Battered Business Bureau: The Week in Regulation

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Two new economically significant regulations last week will impose more than half a billion dollars in compliance costs on the economy. The additional 57 regulations agencies finalized last week will hopefully be less impactful.

On to the data:

  • Last week, 59 new final regulations were published in the Federal Register. There were 79 new final rules the previous week.
  • That’s the equivalent of a new regulation every 2 hours and 51 minutes.
  • So far in 2014, 868 final regulations have been published in the Federal Register. At that pace, there will be a total of 3,100 new regulations this year. This would be the lowest total in decades; this will likely change as the year goes on.
  • Last week, 1,766 new pages were added to the Federal Register.
  • Currently at 20,727 pages, the 2014 Federal Register is on pace for 74,025 pages, which would be the lowest total since 2009.
  • Rules are called “economically significant” if they have costs of $100 million or more in a given year. 12 such rules have been published so far this year, two of them in the past week.
  • The total estimated compliance costs of 2014’s economically significant regulations currently ranges from $1.64 billion to $2.01 billion. They also affect several billion dollars of government spending.
  • 77 final rules meeting the broader definition of “significant” have been published so far this year.
  • So far in 2014, 184 new rules affect small businesses; 26 of them are classified as significant.

Highlights from selected final rules published last week:

For more data, see Ten Thousand Commandments and follow @10KC and @RegoftheDay on Twitter.

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