Dec 02 2024
Economic Update - December 2, 2024
Child poverty is lower, especially in New Mexico, once the effects of these programs are included in how the Census Bureau measures families’ economic well-being. While more must be done to cut child poverty, using a more comprehensive measure shows how anti-poverty programs are improving kids’ lives.
Nov 18 2024
Economic Update - November 18, 2024
Nov 12 2024
Economic Update - November 12, 2024
Nov 04 2024
Economic Update - November 4, 2024
Oct 29 2024
The Biden-Harris Bipartisan Infrastructure Law Is Building a New Foundation for Economic Growth
With the passage of the Bipartisan Infrastructure Law (BIL), the Biden-Harris administration is investing in much-needed infrastructure projects across the country. Whether by making roads safer, renovating bridges, or providing the funding security that allows communities to plan out large projects, the BIL is building a new foundation for equitable economic growth across the country.
Oct 28 2024
Economic Update - October 28, 2024
Oct 23 2024
State Wage Growth Tracker
Updated calculations by the JEC Democrats find that the strong growth in wages under the Biden-Harris administration has been spread out across the country, with average wages and salaries growing faster than average prices in nearly every state.
This coincided with state-by-state employment growth throughout this period, and shows how the strong economic growth spurred by Democrats’ investments in workers and families has been felt throughout the country.
This coincided with state-by-state employment growth throughout this period, and shows how the strong economic growth spurred by Democrats’ investments in workers and families has been felt throughout the country.
Oct 22 2024
State and Local Fiscal Recovery Funds: Harnessing Federal Investment for Locally-Led Growth
In response to economic challenges stemming from the pandemic, the Biden-Harris administration and Congressional Democrats set up the first program in U.S. history to provide flexible fiscal relief directly to small and mid-sized counties and cities, in addition to states, Territories, and Tribal governments. This American Rescue Plan program, known as the “State and Local Fiscal Recovery Funds” (Recovery Funds), gave governments across the country both the resources and the flexibility to invest in local needs. The program has brought billions of dollars to areas that previously haven’t accessed high levels of federal investment and has provided evidence that, when given access to adequate federal funding, local leaders will make investments that drive the U.S. economy from the ground up.