Chairman Don Beyer on business growth in all 50 states.
Apr 28 2022
JEC Chairman Beyer on Q1 GDP
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%.
Apr 27 2022
Chairman Beyer's Opening Statement at Hearing on Investments to Build a More Competitive America
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.
Apr 26 2022
New JEC Report Shows Strong Wage Growth in 2021, Federal Policy Key to Supporting Further Gains
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 both goods and services. Strong demand for workers improves workers’ bargaining power and their wages.
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 both goods and services. Strong demand for workers improves workers’ bargaining power and their wages.
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, 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).
Apr 12 2022
JEC Chairman Beyer on March CPI Data
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%.
Apr 01 2022
JEC Chairman Beyer on March Jobs Data
Today, Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement around March Jobs Data.
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement following the release of President Biden’s proposed budget for fiscal year 2023.
Mar 16 2022
Joint Economic Committee Chairman Beyer on the Federal Open Market Committee’s March Announcement
Congressman Don Beyer (D-VA), Chairman of the U.S. Congress Joint Economic Committee (JEC), released the following statement after the Federal Reserve’s Federal Open Market Committee (FOMC) announced its decision to raise the federal funds rate by .25 percentage points, as was expected.