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About Hearings Annual Reports Democrats Republicans Search Newsroom Members 2025 Joint Economic Report Data and research Employment Update Debt Dashboard Fiscal Update Inflation Update GDP Update Expenditures...and I have worked long and hard on this extensive analysis effectively the most comprehensive set of data on our current state of trade to date For background in December Chairman David Schweikert emphasized...

About Hearings Annual Reports Democrats Republicans Search Newsroom Members 2025 Joint Economic Report Data and research Employment Update Debt Dashboard Fiscal Update Inflation Update GDP Update Expenditures...to address the challenges facing hardworking Americans said Congressman Schweikert As the February data demonstrates moderate employment and nominal wage growth let s be clear about the numbers In February...especially semiconductor manufacturing with the industry displaying a decrease of 18 000 4 5 percent The data proves the previous administration s deficit financed subsidies were inefficient It s imperative that...

About Hearings Annual Reports Democrats Republicans Search Newsroom Members 2025 Joint Economic Report Data and research Employment Update Debt Dashboard Fiscal Update Inflation Update GDP Update Expenditures...

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...

Q42007 Q I200 Q22008 Q32008 Q42008 Q12009 022009 032009 Q42009 012010 Sourc JEC MaJiority Staffbased on data fmom the Bureau of Economic Aalysis 6 6 6 4 8 Figure 2 Monthly Change in Total Nonfarm Payrolls January...08 Apr 08 Jul08 Oct 08 Jan 09 Apr 09 Jul 09 Oct 09 Jan 10 Apr 10 Source JEC Majority Staff based on data from the Bureau of Labor Statistics Establishment Survey Employment Growth across Industries While...RetailTrade 0 5 7 8 10 9 1 8 7 15 16 0 20 25 24 0 30 Source JEC Majority Staff calculations based on data from the Bureau of Labor Statistics Figure 5 Employment Gains by Sector PercentChange in Nonfarm Payrolls...

percent annual rate over the 3 years since 2010 the lowest rate recorded since we began tracking these data in the 1960s Lower health spending helps with wages and jobs Fourth the dramatic increase in domestic...deeply embedded trend is the rise in inequality It began in the late 1970s and one of the starkest data points in that regard is that last year 19 3 percent of the total income went to the top 1 percent...points off the fourth quarter growth rate I think you also observe it in the data If you look especially at daily and weekly data in the first half of October you saw two dif ferent measures that showed slowing...

susceptible to the confirmation bias And their single mis sion focus often leads them to discount data research values and perspectives that do not support their preferred regulatory alter native Institutional...know before the CBO was established only the President had a ready source of budgetary and economic data and analysis The entire budget process has benefitted from CBO s existence and its independence Budgetary...savings from a pure economic standpoint So I think this notion of an incredibly vigorous rigorous data driven retroactive analysis if you will done by an independent agency is really really important My...

Office of Management and Budget Dotted line are CBO s baseline projections The Outlook Recent economic data provide confirmation of the remarkable resilience of the U S economy After weathering a sequence of...of the newly inaugurated administration are misleading and inaccurate for a number of reasons The data clearly show 12 that an economic slowdown was underway following the stock market bubble burst in...cycle and a more certain future was 2 The 2004 Economic Report of the President analyzed the revised data and concludes that the recession actually began in the fourth quarter of 2000 See Report pp 30 1 3Joseph...

if people do not have enough money to buy stuff it slows the entire economy down Meanwhile as the data has shown the top 400 people in this country have more wealth than half of America That is why we...outcomes She has consulted for the World Bank and taught ec onomics at the University of Maryland As the data is going to show today income inequality as I men tioned has been growing for several decades According...provide those for the record Let me just in the limited time I have talk about what is at stake The data are not controversial The Congressional Budget Office the Bureau of the Census almost every agency...

other thing we need to do is invest greater resources in job training In my State of Maryland recent data indicates that 60 percent of the positions that are available cannot be filled because people are...particular that is important particu larly as it relates to women is the Paycheck Fairness Act because the data clearly suggest that women are underpaid relative to men 5 Even if you normalize for educational disparities...minimum wage which is often positioned as negative for economic growth in fact if you look at the data you see that a lot of minimum wage earners do business or shop or buy food at places that are minimum...