CHART OF THE WEEK

Real Wages Are Growing: Low-Income Workers are Better Off Now  

The wages of the bottom 10% of full-time wage and salary workers have averaged 4.9 percent annual growth over the last four quarters—well above inflation. This is more evidence that the stronger economy made possible by pro-growth policies is helping workers who have faced some of the greatest challenges. 

LAST WEEK

JEC Releases

September State Employment Data

News & Commentary

Another report shows worker pay is accelerating (MarketWatch)

U.S. Jobless Claims Dropped Last Week (Wall Street Journal)

U.S. economy showing momentum as leading indicators rise for 12th straight month in September (CNBC)

U.S. Industrial Output Trend Accelerated To 8 Year High (Seeking Alpha)

U.S. Is World’s Most Competitive Economy for First Time in a Decade (Wall Street Journal)

Taxes Will Go Up in Every Congressional District if the TCJA Is Repealed (Heritage Foundation)