Skip to main content

Joint Economic Committee Democrats Chairman - Senator Martin Heinrich (D-NM)

Press Releases

Aug 04 2023

JEC Chairman Heinrich on July Jobs Report

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 187,000 in July and the unemployment rate fell slightly to 3.5%. The unemployment rate was 5.8% for Black workers, 4.4% for Hispanic workers, 3.1% for white workers, 2.3% for Asian workers, and 6.7% (not seasonally adjusted) for American Indian and Alaska Native workers.??

Jul 27 2023

JEC Chairman Heinrich on Second Quarter GDP Growth

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 second-quarter gross domestic product (GDP) expanded 2.4% on an annual basis.

Jul 26 2023

JEC Chairman Heinrich on Federal Reserve Interest Rate Hike

Washington, D.C.—Today, Senator Martin Heinrich, (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), issued the following statement in response to the Federal Reserve Open Market Committee’s decision to raise interest rates.

Jul 12 2023

JEC Chairman Heinrich on June CPI Data

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 increased only 0.2% in June compared with the 0.1% increase in May and the 0.4% increase in April. Data also show that annual prices grew only 3.0%, down sharply from the peak rate of 9.1% seen last June.

Jul 07 2023

JEC Chairman Heinrich on June Jobs Report

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 209,000 in June and the unemployment rate ticked down to 3.6%. The unemployment rate was 6.0% for Black workers, 4.3% for Hispanic workers, 3.1% for white workers, 3.2% for Asian workers, and 6.6% (not seasonally adjusted) for American Indian and Alaska Native workers.

Jul 05 2023

JEC Chairman Heinrich, Democrats Call on World Bank to Direct More Resources to Climate Projects

Washington, D.C.—Today, Senator Martin Heinrich, (D-NM), Chairman of the U.S. Congress Joint Economic Committee (JEC), sent a letter with Senators Sheldon Whitehouse (D-RI), Ed Markey (D-MA), Brian Schatz (D-HI) and Peter Welch (D-VT) and Rep. Katie Porter (CA-47) to the World Bank Group’s newly elected president, Ajay Banga. The letter calls on President Banga to direct more World Bank resources and investments to projects that will address climate change.

Jun 13 2023

JEC Chairman Heinrich on May CPI Data

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 increased only 0.1% in May 2023, down from the 0.4% increase in April and the 0.1% increase in March. Data also show that annual prices increased 4.0%, significantly below the peak of 9.1% in June 2022.