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Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate of third quarter gross domestic product (GDP) expanded 2.6% on an annualized basis.
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported that the September Consumer Price Index reading was up 0.4% over the last month on a seasonally adjusted basis, and core inflation, which excludes volatile food and energy prices, was up 0.6% for the second consecutive month. Annual inflation slowed to 8.2% from 8.3% in August.
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 263,000 in September, and the unemployment rate decreased to 3.5%.
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported the August Consumer Price Index release showed inflation was up 0.1% over the last month on a seasonally adjusted basis, after being unchanged in July. Annual inflation slowed to 8.3% from 8.5% in July.
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 315,000 in August, labor force participation increased to 62.4%, and the unemployment rate increased to 3.7%.