Associated Media

Working Family Stress Index Declines to Lowest Level Since J...

Rep. Kevin Brady, chairman of the Congressional Joint Economic Committee (JEC) commented on the large decline in the committee’s Working Family Stress Index during November. During November, the Working Family Stress Index declined by 3.8 points to 25.6, its lowest level since January 2011. The ...
Associated Media

A Potomac Side-Step

Rep. Kevin Brady, chairman of the Congressional Joint Economic Committee (JEC) commented on today’s Federal Open Market Committee (FOMC) statement.
Associated Media

Measuring Working Family Stress In Relation to the Cost of L...

Rep. Kevin Brady, chairman of the Congressional Joint Economic Committee (JEC) today introduced a new monthly economic index titled the “Working Family Stress Index”. It is designed to create a truer measure of stress on America’s working families based on wages and costs of food, fuel, health care ...
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Associated Media

Weekly Economic Update December 8-12, 2014

The U.S. Treasury budget deficit fell to $56.8 billion for November. Retail sales rose 0.7% in November. Business inventories increased 0.2% in October. The producer price index for final demand fell 0.2% in November. Initial jobless claims fell 3,000 to 294,000 for the week ended 12/6.
Associated Media

Weekly Economic Update December 1 - 5, 2014

The ISM index ticked down to 58.7 for November. Vehicle sales rose 4.5% to an annual rate of 17.2 million units in November. Construction spending increased 1.1% in October. Nonfarm productivity was revised up to an annualized 2.3% for the third quarter. The ISM services index ticked up to 59.3. The...
Associated Media

Weekly Economic Update November 24-28, 2014

In the second estimate, GDP growth for the third quarter was unexpectedly revised up to 3.9%. Corporate profits came in at $1.873 trillion in the third quarter. Durable goods orders rose 0.4% in October. Personal income advanced 0.2% in October, as did consumer spending. New home sales came in at a ...
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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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