Hearing Announcement: "Increasing Economic Opportunity for A...

A hearing "Increasing Economic Opportunity for African Americans: Local Initiatives that Are Making a Difference" will be held before the Joint Economic Committee held on Tuesday, July 29, 2014, at 2:30 p.m. in room G-50 of the Dirksen Senate Office Building.

Click here to View: JEC Hearing "The Recovery at Five Years:...

A hearing "The Recovery at Five Years: An Assessment" will be held before the Joint Economic Committee on Tuesday, July 15, 2014, at 2:00 p.m. in room 216 Hart Senate Office Building.
Associated Media

The Recovery at Five Years: An Assessment

A hearing "The Recovery at Five Years: An Assessment" will be held before the Joint Economic Committee on Tuesday, July 15, 2014, at 2:00 p.m. in room 216 Hart Senate Office Building.
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Associated Media

Weekly Economic Update: July 14-18, 2014

Retail sales increased 0.2% in June. Business inventories rose 0.5% in May. The producer price index for total final demand rose 0.4% in June. Industrial production increased 0.2% in June. Housing starts declined 9.3% in June to an annualized pace of 0.893 million units. Building permits declined 4....
Associated Media

Weekly Economic Update: July 7-11, 2014

Consumer credit rose $19.60 billion (0.6%) to $3.20 trillion in May. The U.S. Treasury reported a budget surplus of $70.5 billion for June and a fiscal year-to-date deficit total of $365.9 billion. Initial jobless claims fell 11,000 to 304,000 for the week ended 7/5.
Associated Media

Weekly Economic Update: June 30-July 4, 2014

The pending home sales index is up 6.1% in May. Vehicle sales rose 1.24% to an annual rate of 16.98 million for June. The ISM index slowed to a steady 55.3 in June. Construction spending rose 0.1% in May. Factory orders fell 0.5% in May. The economy added 288,000 jobs in June, and the unemployment r...
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Associated Media

Bonus Depreciation

Making bonus depreciation permanent will help put the U.S. economy on a higher trajectory and begin to close the $1.4 trillion “Growth Gap” between our current recovery and the average of previous recoveries over the last five decades.
Associated Media

The Need for Economic Analysis in Federal Regulation

In general, federal agencies fail to analyze credibly the costs and effectiveness of their regulations. Only a small fraction of regulations that are issued in a given year are analyzed for their costs and benefits. And when agencies do perform analyses, stakeholders often consider them perfunctor...
Associated Media

Addressing the Opportunity Gap

In the wake of the Great Recession, many Americans don’t feel economically mobile as they face rising healthcare expenses, high energy prices, swelling college education costs and slow wage growth. A recent Gallup survey confirmed that income inequality is not ranked high on the minds of Americans- ...
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