This is the first edition of the Quarterly Economic Digest (QED), a new publication by the Democratic staff of the Joint Economic Committee. It is designed to serve as a resource for Members of Congress and their staff who are interested in following national economic trends. The QED will be distributed each quarter, following the release of major economic indicators.

The QED offers an in-depth view with fresh analysis on key economic issues, going beyond the headlines to analyze the details of recent economic releases, including GDP, job growth, personal income and spending and housing. In addition, the QED offers perspective on new developments in the global economy and a look at recent trends in monetary and fiscal policy.