Latest Blog Posts

  • Creating Opportunity for All in Rural Communities

  • Six Examples of the Long-Term Benefits of Anti-Poverty Programs

    Economists have traditionally argued that anti-poverty policy faces a “great tradeoff” — famously articulated by Arthur Okun — between equity and efficiency. Yet, recent work suggests that Okun’s famous tradeoff may be far smaller in practice than traditionally believed and in many cases precisely the opposite could be the case.

  • The Employment Situation in April

    The economy added 223,000 jobs in April as the unemployment rate fell to 5.4 percent—the lowest since May 2008—and the participation rate ticked up.

  • Ten Facts about U.S. Trade

    A new report released this morning by the Council of Economic Advisers presents original empirical evidence, alongside a summary of the extensive economic literature, on a broad range of effects of enhanced U.S. trade and U.S. free trade agreements (FTAs).

  • Advance Estimate of GDP for the First Quarter of 2015

    Economic growth in the first quarter was restrained by factors including tepid foreign demand and harsh winter weather. At the same time, households saved most of their gains from low energy prices, Over the past four quarters, the most persistent and stable components of GDP — consumption and fixed investment — have grown 3.3 percent. This trend complements the strong pace of job growth and unemployment reduction over the last year.

REPORTS, ISSUE BRIEFS & SPEECHES

Opportunity for All: Fighting Rural Child Poverty
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May 2015

Remarks on Retirement Security
The Bipartisan Policy Center and the Concord Coalition
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May 12, 2015

The Economic Benefits of U.S. Trade
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May 2015

The Role of Global Trade in Five Major Economic Challenges
DIW Berlin
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April 20, 2015

Gender Pay Gap: Recent Trends and Explanations
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April 2015

Trade, Innovation, and Economic Growth
The Brookings Institution
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April 8, 2015

The Economic Benefits of the Affordable Care Act
Center for American Progress
Speech Text and Charts: download pdf
Slides: download pdf
April 2, 2015

The Affordable Care Act at Five: Progress on Coverage, Costs, and Quality
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March 2015

The Effects of Conflicted Investment Advice on Retirement Savings
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February 2015

The Economy in 2014
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December 2014
Updated Report: download as pdf

The Economics of Early Childhood Investments
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December 2014
January 2015 Update: download as pdf

Economic Report to the Preisdent