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older monthly through November 2012 Source Chairman s staff of the Joint Economic Committee based on data from the U S Department of Labor Bureau of Labor Statistics Note Shaded regions mark periods of recession...2010 February 2010 to November 2012 Source Chairman s staff of the Joint Economic Committee based on data from the U S Department of Labor Bureau of Labor Statistics Figure 4 Private Nonfarm Payroll Employment...accounts The CPI U is the consumer price index for all urban consumers Data for the PCE price index is available through October 2012 Data for the CPI U is available through November 2012 9 Interest rates The...

Adminstration 60 40 3 F 3 2 5 2 3 24 60 SO P e s e J oe es o bw vty SOUC JEC Majpnty StaWl Ca o arcons ba d n data tom thF l oau o Lobr Irwimita Entahliihn 9 S r y t 4 I I N i 6 The unemployment rate rose from 3 9...08 Mac 0 8 Jua08 Sep 00 De 08 F b 09 May 0 Ag 0 No 09 Sounds JEC Majonty S ffCaicolo fons bhoed on data tf the U S Depa nrnet of the Tntea v and the Firaoctal runs Table I highlights the major actions taken...7 2 0 Without Stimuts a With Stimtulus 3 0 3 3 4 0 QI2009 Q22009 Source JEC Majonty Staffbased on data from the Cottncl of Econotic Advisers and the Bureau of Economic Analysis The Administration s estimate...

the actual estimates In assessing the Staiger et al analysis for example one commenter stated The data are incapable of distinguishing between a wide range of estimates of the natural rate a variety of...interval runs from 5 to 8 percent Even with forty two years of monthly time series observations the data just do not provide precise estimates 8 For all practical purposes the size of this imprecision and...of distinct advantages over competing intermediate indicators of monetary policy Such market price data for example are observable easy to understand timely and readily available literally minute by minute...

the newest energy subsidies in the IRA as phasing out by 2035 but Energy Information Administration data suggests tax dollars could low to these industries well after 2050 22 Many credits also do not stand...Prices Associated Press World News last updated March 27 2024 13 of 15 government subsidies into strategic industries and manipulating global markets to everyone s detriment Making matters worse the Biden...

research organization I plan on spending most of my time discussing what the available macroeconomic data tells us about the nature of recent manufacturing investments and associated policies But first I...level data on manufacturing construction is illuminating about the timing along which many of these investments took place As should already be clear when breaking out manufacturing construction data by subsector...

as recent U S restrictions on imported solar panels semiconductors electric vehicles and other strategic goods In all cases the measures at issue are intended to achieve market beating outcomes in furtherance...industries in terms of output jobs innovation and other concrete measures of success Nor can such data tell us the extent to which U S industrial policy directly caused the increase in investment as opposed...subsidized and protected U S facilities come online Thus far we mainly have just national investment data and optimistic reports from government officials and the corporate recipients of federal support Recent...

mirrors a similar increase seen the Consumer Price Index see last month s release o The most recent data bears close watching perhaps the mild inflation at the end of 2023 was an aberration or perhaps this...and energy 2 85 2 74 0 11pp Source Bureau of Economic Analysis JEC Republican Calculations Upcoming Data Releases Date Time EST Release Source Mar 08 8 30 AM Employment Situation Bureau of Labor Statistics...

from the December data Here s a few reasons why that isn t unusual The reduction of jobs after the winter holidays can lead to substantial changes in the non seasonally adjusted NSA data In prior years an...average of 2 9 million jobs have been shed between December and January The seasonally adjusted SA data attempts to account for these changes so that we can make month to month comparisons However seasonal...September 2023 PCE Inflation Report Republican Staff Commentary Additional context December s substantial data revision 117K is mostly due to late arriving survey responses from highly seasonal industries Jobs...

Spend 4 1T on Obesity from 2024 2033 JEC economists use a variety of academic research and government data sources to construct a projection of current and future obesity related government spending such as...and 11 8 percent of Medicare and Medicaid spending respectively 212 That was slightly higher than data analyzed by Biener et al which found that from 2010 2015 an average of 6 86 percent of national Medicare...Medicaid expenditures were attributable to obesity related illness 213 Using Biener et al s 2001 2015 data to 51 forecast future expenditures suggests that obesity related healthcare costs should account for...

taken with a shovel of salt BLS surveys are more accurate regarding long term trends The latest JOLTS data from November showed that the ratio of job openings to unemployed workers was 1 4 Government employment...