Associated Media

Brady calls on President Obama to work with Republicans to A...

Rep. Kevin Brady, Chairman of the Congressional Joint Economic Committee commented today’s employment situation report from the Bureau of Labor Statistics (BLS) that the economy added 214,000 nonfarm payroll jobs (209,000 in the private sector) and the unemployment rate ticked down to 5.8% during ...
Associated Media

GDP Growth in Third Quarter Driven by Consumer, Government, ...

Representative Kevin Brady, chairman of the Congressional Joint Economic Committee, commented on today’s announcement by the Bureau of Economic Analysis (BEA) that real gross domestic product (GDP) grew at an annual rate of 3.5% during the 3rd-quarter.
Associated Media

Brady calls on FOMC to begin an orderly reduction of its bal...

Rep. Kevin Brady, Chairman of the Congressional Joint Economic Committee commented on today’s Federal Open Market Committee (FOMC) statement that it would end its program of purchasing long-term assets known as quantitative easing.
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Associated Media

Weekly Economic Update November 17-21, 2014

Industrial production ticked down 0.1% in October. The producer price index for final demand rose 0.2% in October. Housing starts declines 2.8% to a 1.009 million unit pace. Building permits increased 4.8% in October to a 1.080 million unit pace. The consumer price index was flat for October. Existi...
Associated Media

Weekly Economic Update November 10-14, 2014

The U.S. Treasury deficit stood at $121.7 billion for October. Retail sales increased 0.3% in October. Business inventories are up 0.3% for September. Initial jobless claims rose 12,000 to 290,000 for the week ended 11/8.
Associated Media

Weekly Economic Update November 3-7, 2014

The ISM index grew a strong 2.4 points to 59.0 in October. Vehicle sales grew at a 16.5 million unit annual pace in October. Construction spending declined 0.4% in September. The U.S. international trade deficit widened $3.0 billion to $43.0 billion in September. Factory orders fell 0.6% in Septembe...
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Associated Media

U.S. Census Bureau: Addressing Data Collection Vulnerabiliti...

The findings in this report are based on the Committees’ review of thousands of documents obtained during the course of the joint investigation, as well as witness interviews. Documents and testimony obtained by the Committees did not show a link between the data falsification that occurred in the P...
Associated Media

From Impeding to Empowering Entrepreneurs: A Review of State...

Job churn has slowed in recent years, and labor force participation has declined among the young and prime working-age individuals. Expanding firms are adding fewer jobs on average than they have in the past. The Brookings Institution finds that overall “business dynamism,” the continual process of ...
Associated Media

Washington is the Worst Place to set a Minimum Wage

Supporters of federal minimum wage legislation portray it as an antipoverty device, claiming that it has no adverse employment effects. Some empirical studies even find no employment losses from minimum wage increases, and minimum wage advocates use these studies to argue that the federal governmen...
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