Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported the April Consumer Price Index rose 0.3 % on a seasonally adjusted basis, down from 1.2% in March. As the pace of broader inflation had begun to moderate, Russia’s unprovoked invasion of Ukraine has driven up food and… Read more »
Rep. Don Beyer (D-VA), who chairs Congress’ Joint Economic Committee, today announced the introduction of the Airborne Act, legislation that would incentivize non-residential building owners to conduct indoor air quality assessments (IAQ) and upgrade their ventilation and air filtration systems. The bill introduction followed a sharp uptick in workers returning to in-person work in April,… Read more »
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that nonfarm payroll employment increased by 428,000 in April and the unemployment rate remained stable at 3.6%. The unemployment rate was 5.9% for Black workers, 4.1% for Hispanic workers, 3.1% for Asian… Read more »
Today, in recognition of National Small Business Week, the Joint Economic Committee (JEC) released a new state-by-state analysis of business applications in 2021 that shows a record surge across all 50 states and the District of Columbia.
The pandemic posed significant challenges to businesses around the country, impacting families and communities nationwide. Black, Hispanic and… Read more »
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Economic Analysis (BEA) reported its initial estimate of first quarter gross domestic product (GDP) contracting 1.4%.
Visit the JEC’s Macroeconomic Dashboard to view the latest economic data.
“Today’s headline GDP number is masking the… Read more »
Today, Congressman Don Beyer (D-VA), Chair of the U.S. Congress Joint Economic Committee (JEC), delivered the following opening statement at a hearing entitled “Building on a Strong Foundation: Investments Today for a More Competitive Tomorrow.” Remarks are as prepared.
“Just over two years ago, the United States confirmed its first case of… Read more »
Today, the Joint Economic Committee (JEC) released a new analysis of wage data that shows workers saw their earnings rise 4.5% in 2021, the fastest pace of growth in almost four decades.
According to recent data, gains were particularly strong for job switchers and low-income workers. Despite inflation, many workers are seeing real wage gains, a reflection of strong consumer demand for… Read more »
Today, Congressman Don Beyer (D-VA), Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement in recognition of Earth Day.
“Today, on Earth Day, we recognize progress we’ve made to address climate change, and we recommit to investing in our planet to provide a safe and sustainable future. Climate change harms not only our health and well-being and our… Read more »
Today, Congressman Don Beyer (D-VA), Chair of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the release of the 2022 Economic Report of the President (the Report), which is prepared and released each year by the Council of Economic Advisers (CEA). In response to the Report, the Joint Economic Committee is required by statute to submit findings and… Read more »
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics reported the March Consumer Price Index rose 1.2% on a seasonally adjusted basis, up from February’s 0.8%. As the pace of broader inflation had begun to moderate, Russia’s unprovoked invasion of Ukraine has driven up food… Read more »
