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Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Republicans Democrats Search Newsroom Members 2025 Joint Economic Report Data and research Employment...Consumer Expenditure Survey Census Bureau American Community Survey Notes Inflation costs reflect how much more the average U S household must pay for the same goods and services it purchased in January...Report Read the report United States Congress Joint Economic Committee Joint Economic Committee G 01 Dirksen Senate Office Building Washington DC 20510 202 224 5171 United States Congress Joint Economic Committee...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...efficiency standard of only 27 5 miles per gallon and the overall U S fuel economy is only 25 4 miles per gallon lower than it was in 1987 when overall fuel economy peaked at 26 2 miles per gallon While this...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...by Chairman Don Beyer D VA released a new analysis that finds the opioid epidemic cost the United States a record of nearly 1 5 trillion in 2020 This is up 37 from 2017 when the CDC last measured the cost...struggling with addiction said JEC Chairman Beyer But what the new JEC estimates make clear is just how disastrous this crisis has also been for our entire economy Just as the pandemic exacerbated many societal...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...mitigate the negative impact of current home foreclosures The report revealed scores of seriously affected communities nationwide Schumer said Much like the infamous Daily News headline this White House...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...communities across the country The United States has already seen a devastating string of catastrophic wildfires this year in places like Maui the western United States and Louisiana as these disasters become...wildfires to people and the broader economy increasingly clear The total cost of wildfires in the United States is between 394 billion to 893 billion each year This range was calculated by combining estimates...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...of our domestic production While China s GDP growth in the last quarter was 11 percent the United States experienced its worst quarter of growth in four years due in part to a continuing serious slowdown...Investment in housing declined 17 percent in the first quarter shaving one percentage point off the overall GDP growth rate Though slightly less than the decline in the fourth quarter of last year the first...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...foreclosures throughout this year and next While lenders banks and securities traders scramble to figure out how to insure themselves from the market consequences of rising subprime mortgage defaults local communities...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...continues to be a significant cost burden on working families even exceeding the cost of rent in many states so avoiding it usually requires a parent generally the mother to stay at home Yet the effects of...more likely to be employed and have higher earnings as they become adults and more likely to have overall better health The benefits also extend to the broader community as access to early education is linked...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...to a Joint Economic Committee analysis of Commerce Department data Despite the narrowing both the overall deficit and the deficit with China remain at historically high levels Our trade deficit is still...

JEC Logo JEC Logo Skip to main content United States Congress Joint Economic Committee About Hearings Annual Reports Democrats Members Publications Press Center Receive Updates Republicans Joint Economic...Meanwhile Democrats on Congress s Joint Economic Committee released an analysisfocused largely on how a repeal of the IRA could drive up drug prices and health care costs The new law includes a host of...