Associated Media

Weekly Economic Update October 20-25, 2014

The producer price index for total final demand fell 0.1% in September. Retail sales fell 0.3% in September. Business inventories increased 0.2% in August. The U.S. Treasury budget showed a surplus of $105.8 billion for September. Industrial production increased 1.0% in September. Housing starts inc...
Associated Media

Obama Recovery Remains Far Below Average on Key Measures

Rep. Kevin Brady, Chairman of the Congressional Joint Economic Committee commented on yesterday’s economic speech by President Obama and today’s employment situation report from the Bureau of Labor Statistics (BLS) that the economy added 248,000 nonfarm payroll jobs (236,000 in the private sector) ...
Associated Media

Joint Report Finds Vulnerabilities in Census Data Collection

Today, House Oversight and Government Reform Chairman Darrell Issa (R-CA), Joint Economic Committee Chairman Kevin Brady (R-TX), and House Oversight and Government Reform Subcommittee on Federal Workforce, U.S. Postal Service & Census Chairman Blake Farenthold (R-TX), released a joint staff report t...
of 3
Associated Media

Weekly Economic Update: September 29 - October 3, 2014

Personal income rose 0.3% in August while spending rose 0.5%. Pending home sales fell 1.0% in August. The Case-Shiller home price index fell 0.5% in July. Vehicle sales fell a sharp 6.3% in September to a lower-than-expected annual rate of 16.43 million units. The ISM manufacturing index fell 2.4 po...
Associated Media

Weekly Economic Update: September 22-26, 2014

Existing home sales fell 1.8% to a lower-than-expected annual rate of 5.05 million units in August. New home sales jumped 18.0% to a higher-than-expected pace of 504,000 units annualized in August. Durable goods orders dropped 18.2% in August. In a final estimate, 2nd quarter GDP showed an upward re...
Associated Media

Weekly Economic Update: September 15-19, 2014

Industrial production slipped 0.1% in August. The producer price index for final demand remained unchanged in August. The consumer price index fell a lower-than-expected 0.2% in August. The FOMC announced that policy rates remain unchanged from the target level of 0 to 0.25%; purchases of agency-bac...
of 3
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...
of 3