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Democratic News

From Chairman
Martin Heinrich
U.S. Senator (D-NM)
February 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 Inde...
February 2, 2024
JEC Chairman Heinrich on January 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 35...
January 25, 2024
JEC Chairman Heinrich on Fourth Quarter GDP Growth
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 ...
January 23, 2024
State by State Fact Sheets: December Employment Data
Each month, the Bureau of Labor Statistics (BLS) releases national and state-level data on U.S. employment, which provide useful information about the state of the labor market and progress toward building a better America. To highlight key trends in...

Republican News

Vice Chairman
David Schweikert
U.S. Congressman (R-AZ)
February 29, 2024
January 2024 PCE Report
Headline personal income increased by 1.0 percent m/m ($233.7B). Real disposable personal income (DPI) per capita fell by 0.05 percent m/m. That means prices rose faster than after-tax income. Real personal consumption expenditures (PCE) fell by 0....
February 13, 2024
January 2024 CPI Report
Headline CPI-U inflation increased 0.3 percent m/m. The food price index increased 0.4 percent m/m. The energy index decreased 0.9 percent m/m. Core CPI-U inflation increased 0.4 percent m/m. Real average weekly earnings for all employees decreas...
February 2, 2024
January 2024 Employment Situation Staff Commentary
Nonfarm payroll employment increased by 353K. Private sector payroll employment increased by 317K. Government payroll employment increased by 36K. The headline unemployment rate (U-3) remained unchanged at 3.7 percent. The broadest measure of une...
January 26, 2024
PCE Inflation December 2023
Core Statistics Real GDP grew at an annualized rate of 3.3 percent in Q4 2023. The largest contributors to the GDP growth were consumer spending (1.91 percent), government spending (0.56 percent), and net exports (0.43 percent). In 2023, rea...

State Unemployment Data

Latest Economic Data

Total nonfarm payroll employment increased by 187,000 in August, and the unemployment rate rose to 3.8 percent, the U.S. Bureau of Labor Statistics reported today.
Real gross domestic product (GDP) increased at an annual rate of 3.2 percent in the fourth quarter of 2023, according to the “second” estimate.
The latest data released by the Department of Labor show that the number of initial unemployment claims fell to 192,000 for the week ending March 11, down 20,000 from the prior week. The four-week moving average, which smooths week-to-week volatility in the data, is 196,500, down 76% since President Biden took office.