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  1. jec.senate.gov/public/vendor/_accounts/JEC-R/inflation-updates/Arizona%20Inflation%20Update.pdf#navpanes=0...

    Labor Statistics the Joint Economic Committee JEC State Inflation Tracker estimates that the average household in Arizona is paying 1 181 more per month to purchase the same basket of goods and services as...Arizona household has spent 38 585 more due to inflation since January 2021 Breakdown The Census Division where Arizona is located has seen cumulative inflation of 21 8 percent since January 2021 This is 1...higher than the national cumulative inflation since January 2021 of 20 7 percent Compared to one year earlier the average Arizona households needs to spend 112 more per month to maintain the same standard of...

  2. jec.senate.gov/public/vendor/_accounts/JEC-R/inflation-updates/Kentucky%20Inflation%20Update.pdf#navpanes=0...

    Labor Statistics the Joint Economic Committee JEC State Inflation Tracker estimates that the average household in Kentucky is paying 1 003 more per month to purchase the same basket of goods and services as...Kentucky household has spent 28 923 more due to inflation since January 2021 Breakdown The Census Division where Kentucky is located has seen cumulative inflation of 22 1 percent since January 2021 This is...higher than the national cumulative inflation since January 2021 of 20 7 percent Compared to one year earlier the average Kentucky households needs to spend 219 more per month to maintain the same standard of...

  3. https://www.jec.senate.gov/public/index.cfm?a=Files.Serve&File_id=4AE1EF7E-55E7-4BB0-A05D-A3280280CE15

    operations to conserve energy Furthermore investments in robust supply chains may also help curb inflation by helping to ease bottlenecks Without a robust manufacturing sector broad based growth will be...

  4. https://www.jec.senate.gov/public/index.cfm?a=Files.Serve&File_id=2A0F4440-C9ED-4CF6-A0FC-9937F22AF4BF

    benefits of 796 million to livestock producers and 2 8 billion to the U S as a whole not adjusted for inflation o https www aphis usda gov animal health emergency management downloads rrg econimp act nws pdf...

  5. https://www.jec.senate.gov/public/index.cfm?a=Files.Serve&File_id=73DAC0F1-F91D-4E6E-BECB-E2A354AB19B3

    been absent the coronavirus recession But the United States has not escaped the global spike in inflation that is denying workers and families the full benefits of the recovery Global supply chain disruptions...

  6. https://www.jec.senate.gov/public/index.cfm?a=Files.Serve&File_id=5611F7FF-5BD3-4A81-BD04-5887DF30B704

    infrastructure and people Blocking these investments in the name of fighting the recent rise in inflation makes no sense from either an economic or a policy perspective o Fighting inflationary surges by...and is fully paid for These investments will hence not be inflationary o The evidence linking the inflation of 2021 and early 2022 to overheating caused by too generous fiscal relief passed in early 2021...future inflationary outbreaks like we ve seen in the past year far less likely The past year s inflation has its roots in past policy failures most conspicuously the failure to invest enough both in fighting...

  7. https://www.jec.senate.gov/public/index.cfm?a=Files.Serve&File_id=9CDA6FC1-6933-48C0-B276-8995B6FFF437

    Despite this substantial increase in labor supply business demand for labor was such that real inflation adjusted wages for the bottom 10th of the wage distribution rose 9 6 compared to 4 6 for the top...aggregate demand rising to a level as much as 5 above pre pandemic forecasts of potential output In the month of March 2021 alone consumer demand for goods surged by 10 7 With a large gap between aggregate demand...and real aggregate supply the difference was reflected in a substantially higher price level via inflation The fiscal expansion in early 2021 not only strained a supply side of the U S economy that was still...

  8. https://www.jec.senate.gov/public/index.cfm?a=Files.Serve&File_id=02F6162A-4C77-4563-837E-5F6AD39E49FE

    hurting the most Democrats 1 9 trillion in partisan spending has ignited the worst inflation in four decades inflation that is hitting my home state of Utah harder than almost anywhere else Even if prices...at the beginning of the Biden Administration according to the Joint Economic Committee s state inflation tracker Meanwhile school closures have caused devastating learning losses for the youngest and lowest...will make our problems worse Plans to keep spending money we don t have will pour more fuel on the inflation fire Tax hikes on businesses will make it harder for Americans to innovate at home and compete abroad...

  9. https://www.jec.senate.gov/public/_cache/files/80ac3ae9-793e-451c-950e-cbda5a4f4a37/swearer-amy-jec-testimony.pdf

    lost in indirect costs for a total cost of just under 1 trillion that must then be adjusted for inflation 8 Total crime committed with or without firearms is estimated to cost nearly 2 6 trillion every...25 Using the RAND Corporation s 2010 Cost of Crime Calculator and adjusting for inflation using readily available inflation calculators one can roughly estimate the value of 1 million defensive gun uses...rand org well being justice policy centers quality policing cost of crime html For example the inflation adjusted estimated cost of murder under the RAND calculator is 11 8 million per offense with the...

  10. Copy of JEC Testimony_7.13.22

    studies shed light on the scale of these costs First the Harvard Medical School study published last month looked at public and private insurance claims from 2008 to 2018 It compared changes in healthcare...increased by 2 495 per month 402 compared to a control group those costs included significant increases in psychiatric diagnoses and substance use disorders 15 When you extrapolate that per month cost to all survivors...

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