December 5, 2018 The Economic Outlook with Federal Reserve Chairman Jerome H. Powell WASHINGTON—Chairman Erik Paulsen, R-Minn., of the Joint Economic Committee announced on Monday that the Honorable Jerome H. Powell, Chairman of the Board of Governors of the Federal Reserve System, will be testifying before the committee on Wednesday, December 5, 2018 at 10:15 a.m. in room 216 of the Hart Senate Office Building.
Latest Economic Data
Jobs Created According to the U.S. Bureau of Labor Statistics, the U.S. economy added 134,000 jobs in September and the unemployment rate fell to 3.7 percent.
Gross Domestic Product (Final Estimate) The U.S. Commerce Department reports gross domestic product expanded at a 4.2 percent annual rate in the second quarter, adjusted for inflation and seasonality
U.S. Jobless Claims Initial claims for state unemployment benefits fell 8,000 to a seasonally adjusted 207,000 for the week ended September 29.