Washington, D.C.—Today, Senator Martin Heinrich (D-NM), 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 that real first-quarter gross domestic product (GDP) expanded 1.6% on an annual basis.

Washington, D.C.—Today, Senator Martin Heinrich, (D-NM), 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 303,000 in March and the unemployment rate ticked down to 3.8%. The unemployment rate was 6.4% for Black workers, 4.5% for Hispanic workers, 3.4% for white workers, 2.5% for Asian workers, and 3.9% (not seasonally adjusted) for American Indian and Alaska Native workers.

Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Bureau of Labor Statistics (BLS) reported that prices measured by the Consumer Price Index (CPI) increased 0.4% in February. Data also show that annual prices grew 3.2% over the last year, slightly higher than the 3.1% reading in January.

Washington, D.C.—Today, Senator Martin Heinrich (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement in response to President Biden’s State of the Union address: