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Representative David Schweikert - Vice Chairman

Research

Weekly Economic Update: December 19 – December 23, 2016

Featuring our Chart of the Week, the Weekly Economic Update reviews the previous week's headlines and outlines what may be making news in the coming week.

December 2016 Federal Open Market Committee Announcement Review

The Federal Open Market Committee (FOMC) voted unanimously to raise its target range for the fed funds rate by 0.25 percentage points to between 0.50 and 0.75 percent. This was the second increase since the financial crisis of 2008. The previous increase occurred in December 2015.

Weekly Economic Update: December 12 – December 16, 2016

The Chart of the Week shows improved productivity from technological advancements gave one farm worker in 2010 the ability to feed 140 people, rather than the 2 people fed in 1790. The rising tide of productivity helped free resources for use in new industries and fed a burgeoning American economy.

Breaking the Conventional Mold: Monetary Policy Actions Since the 2008 Financial Crisis

The Federal Reserve defines monetary policy as “what the Federal Reserve, the nation's central bank, does to influence the amount of money and credit in the U.S. economy. What happens to money and credit affects interest rates (the cost of credit) and the performance of the U.S. economy.”

The Looming Debt Crisis: An International Perspective

Governments routinely borrow money to cover deficits that occur when spending amounts outweigh collected revenues. Sovereign debt is common across countries whether they are large or small, developed or developing. However, once debt levels reach a point where payment of principal or interest obli...

Weekly Economic Update: November 28 – December 2, 2016

Featuring our Chart of the Week, the Weekly Economic Update takes a look at what to expect in the week ahead and offers a roundup of the previous week's headlines.

Weekly Economic Update: November 21 – November 25, 2016

Featuring our Chart of the Week, the Weekly Economic Update gives a preview of the week ahead and summarizes the previous week's economic news.

Weekly Economic Update: November 14 – November 18, 2016

Featuring our Chart of the Week, the Weekly Economic Update is a roundup of the previous week's headlines and a look at the week ahead.

Weekly Economic Update: November 7 – November 11, 2016

Featuring our Chart of the Week, the Weekly Economic Update is a roundup of the previous week's headlines and a look at the week ahead.

GDP Review: Context for Last Friday’s GDP Report

The Bureau of Economic Analysis (BEA) reports real gross domestic (GDP) grew at a 2.9% annualized rate in the third quarter, beating expectations.