Search

unchanged in May Data also show that annual prices grew 3 3 over the last year slightly lower than the 3 4 reading in April Today s release was welcome news that inflation is cooling and data last week showed...

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...

91 785 51 Arkansas 106 140 90 771 Source Bureau of Labor Statistics JEC Republican Staff Upcoming Data Releases Date Time EST Release Source Mar 29 8 30 AM Personal Income and Outlays Bureau of Economic...

updated Joint Economic Committee s State Inflation Tracker Economic Context Today s inflation related data releases showcase generally positive economic news but include a reminder that the effects of previous...

net exports The Census Dept has changed the release of trade inventory and orders data to be the same day as GDP data rather than a day before as had been typical contributing to the surprise Note this...

points to 7 0 percent o The latest ratio of job openings per unemployed person was 1 34 note this is data from October The labor force participation rate LFPR increased by 0 1 percentage points to 62 8 percent...by percent based on CPI U while average weekly earnings increased by 3 14 percent o The next CPI U data release occurs on Dec 12 which will allow for the Nov 2022 Nov 2023 calculation ECONOMIC CONTEXT Economists...199K 30K 169K to compensate for the UAW strikes o The SAG AFTRA strike ended just before November data collection It s uncertain when the full effect of these returning workers will be felt The JOLTS report...

at field offices on its public dashboard Recently the Social Security Administration removed this data from its website and availability of this information on the public dashboard is critical for seniors...beneficiaries navigating the benefits process A Committee analysis of the removed data found that shortly before the agency removed this data the busy rate that callers were experiencing surged from less than five...dashboard the new version also lacks historical data as well as general processing times for retirement survivor disability and Medicare benefits These data and other metrics provide critical insight into...