Washington, D.C.—Today, Senator Martin Heinrich (D-NM), 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 that real first-quarter gross domestic product (GDP) expanded 1.6% on an annual basis.
Apr 05 2024
JEC Chairman Heinrich on the March Jobs Report
Washington, D.C.—Today, Senator Martin Heinrich, (D-NM), 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 303,000 in March and the unemployment rate ticked down to 3.8%. The unemployment rate was 6.4% for Black workers, 4.5% for Hispanic workers, 3.4% for white workers, 2.5% for Asian workers, and 3.9% (not seasonally adjusted) for American Indian and Alaska Native workers.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Council of Economic Advisers released the annual Economic Report of the President (the Report).
Mar 08 2024
JEC Chairman Heinrich on February Jobs Report
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), 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 275,000 in February and the unemployment rate ticked up to 3.9%. The unemployment rate was 5.6% for Black workers, 5.0% for Hispanic workers, 3.4% for white workers, 3.4% for Asian workers, and 6.6% (not seasonally adjusted) for American Indian and Alaska Native workers.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement in response to President Biden’s State of the Union address:
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), and the JEC Democrats released a report titled, “Democrats are Taking on Corporate Greed and Fighting for American Families.”
Feb 13 2024
JEC Chairman Heinrich on January CPI Data
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index (CPI) increased 0.3% in January. Data also show that annual prices grew 3.1% over the last year.
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), 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 that real fourth-quarter gross domestic product (GDP) expanded 3.3% on an annual basis.
Jan 11 2024
JEC Chairman Heinrich on December CPI Data
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index (CPI) increased 0.3% in December. Data also show that annual prices grew 3.4% over the last year.
Jan 05 2024
JEC Chairman Heinrich on December Jobs Report
Washington, D.C.—Today, Senator Martin Heinrich (D-NM), 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 216,000 in December and the unemployment rate was unchanged at 3.7%. The unemployment rate was 5.2% for Black workers, 5.0% for Hispanic workers, 3.5% for white workers, 3.1% for Asian workers, and 5.9% (not seasonally adjusted) for American Indian and Alaska Native workers.