At the Joint Economic Committee, we believe knowledge of social capital is vital to achieving our goal of expanding economic opportunity for all Americans. Join us as we invite hearing witnesses to engage in a deeper social capital conversation on The Social Capitalists Podcast: Post-hearing Discussions with the Joint Economic Committee Republicans.
Dr. Veronique de Rugy, Senior Research Fellow at the Mercatus Center and Mr. Oren Cass, Senior Fellow at the Manhattan Institute join JEC Executive Director Scott Winship to talk how to connect more people to work.
GDP grew 1.9% in the third quarter estimate for 2019, beating projected estimates. Personal income growth remained strong, allowing consumers to lead economic growth over the quarter even as they also increased personal savings. Residential investment growth, led by single family home construction, was positive for the first time since 2017—a welcome development.