Chairman Brady Speaks at Cato Institute on Monetary Policy
The Federal Reserve, the Centennial Monetary Commission, and the Sound Dollar Act
Hearing Reminder: The Economic Outlook
A hearing before the Joint Economic Committee will be held on Wednesday, May 22, 2013, at 10:00 a.m. in G-50 of the Dirksen Senate Office Building.
Weekly Economic Update: May 13-17, 2013
Retail sales increased 0.1% in April. Business inventories remained unchanged in March. The topline PPI fell 0.7% in April as the core rose 0.1%. Industrial production fell 0.5% in April. The topline CPI fell 0.4% in April as the core rose 0.1%. Housing starts fell 16.5% in April to an annual pace o...
Weekly Economic Update: May 6-10, 2013
Consumer credit increased $8.0 billion to $2.807 trillion in March. The U.S. Treasury reported a $112.9 billion monthly net surplus in April. Initial jobless claims fell 4,000 to 323,000 for the week ended 5/4.
Jobs Report Better than Expected, Jobs Gap Still Remains Abo...
The Bureau of Labor Statistics (BLS) reported that the economy added 165,000 payroll jobs during the month of April with the private sector adding 176,000 payroll jobs. This was slightly above expectations of private forecasters. BLS also reported that the unemployment rate ticked down to 7.5%. The ...
How Tax Distribution Tables Mislead
As policymakers in Washington move forward on tax reform, demonstrating the effects that proposed changes in tax policy may have on individual taxpayers is tricky and always less than comprehensive. At best, tax distribution tables are incomplete because they lack a full description of their analyti...
JEC response to the 2012 Economic Report of the President
The Joint Economic Committee filed its annual report responding to the 2012 Economic Report of the President.
LENDER OF LAST RESORT IN THE MODERN FINANCIAL SYSTEM
Bailouts and Lender of Last Resort functions are distinctly different in their purpose, economic effects, and appropriateness in a free market economy.
