GDP Growth in Third Quarter Driven by Consumer, Government, and Net Exports
Representative Kevin Brady, chairman of the Congressional Joint Economic Committee, commented on today’s announcement by the Bureau of Economic Analysis (BEA) that real gross domestic product (GDP) grew at an annual rate of 3.5% during the 3rd-quarter.
Brady calls on FOMC to begin an orderly reduction of its balance sheet
Rep. Kevin Brady, Chairman of the Congressional Joint Economic Committee commented on today’s Federal Open Market Committee (FOMC) statement that it would end its program of purchasing long-term assets known as quantitative easing.
Obama Recovery Remains Far Below Average on Key Measures
Rep. Kevin Brady, Chairman of the Congressional Joint Economic Committee commented on yesterday’s economic speech by President Obama and today’s employment situation report from the Bureau of Labor Statistics (BLS) that the economy added 248,000 nonfarm payroll jobs (236,000 in the private sector) ...
Joint Report Finds Vulnerabilities in Census Data Collection
Today, House Oversight and Government Reform Chairman Darrell Issa (R-CA), Joint Economic Committee Chairman Kevin Brady (R-TX), and House Oversight and Government Reform Subcommittee on Federal Workforce, U.S. Postal Service & Census Chairman Blake Farenthold (R-TX), released a joint staff report t...
Federal Reserve Continues Tapering; Lays Groundwork for Normalizing Interest Rates
Rep. Kevin Brady (R-TX), chairman of the Congressional Joint Economic Committee, released the following statement on today’s decision of the Federal Open Market Committee (FOMC) to reduce its purchases of agency mortgage-backed securities to $5 billion per month and reduce its purchases of longer-te...
Obama Recovery Continues to Disappoint
Rep. Kevin Brady, Chairman of the Congressional Joint Economic Committee commented on today’s employment situation report from the Bureau of Labor Statistics (BLS) that the economy added 142,000 nonfarm payroll jobs (134,000 in the private sector) and the unemployment rate declined to 6.1% during ...
Monthly Jobs Report Up, Recovery Grinds Into Second Gear
Rep. Kevin Brady, Chairman of the congressional Joint Economic Committee responded to today’s report by the Bureau of Labor Statistics (BLS) that the U.S. economy added 209,000 nonfarm payroll jobs and 198,000 private payroll jobs during the month of July while the unemployment rose to 6.2%.
Brady Statement on FOMC Decision to Continue Tapering
After Five Years, Americans are Still Waiting for a Real Recovery
Rep. Kevin Brady, Chairman of the congressional Joint Economic Committee responded to today’s report by the Bureau of Economic Analysis (BEA) that real gross domestic product increased at an annual rate of 4.0% during the 2nd-quarter 2014.
