The Bureau of Economic Analysis released its revised second quarter GDP estimate today, reporting that the economy grew just 1.1 percent (down from the previous estimate of 1.2 percent),...Continue Reading
The Treasury Department’s white paper on European Union state aid investigations should be a wake-up call to the European Commission that it is well past time to stop its unprecedented and discriminatory state aid investigations against U.S. companies. In a...Continue Reading
The labor market exhibited signs of strength in July despite continued global headwinds and sluggish second quarter economic growth, adding 255,000 jobs in the month. According to the monthly report by the Bureau of Labor Statistics,...Continue Reading
The U.S. economy expanded by just 1.2 percent in Q2 2016 after growing by 0.8 percent (revised) in Q1, according to the advance estimate released today by the Bureau of Economic Analysis. The figure came in much...Continue Reading
After a slump in May (11,000 jobs), labor market momentum accelerated in June with the addition of 287,000 jobs across almost every sector of the economy.
Wages continued to rise while the unemployment rate, which ticked up due to an increase in labor force participation, remains below 5...Continue Reading