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The Economic Outlook

216 Hart Senate Office Building - 10:00 am
November 8, 2007

Washington D.C. - As the subprime mortgage market fallout spills over into the broader housing market, trade deficits rise, and the dollar weakens, Sen. Schumer and the JEC Members asked Chairman Bernanke for his views on the nation’s economic future and for guidance in dealing with current economic conditions.

Opening Statements:

Senator Schumer's Opening Statement (PDF - 38.7 KBs)

Witness Statements:

Mr. Ben Bernanke, Chairman of the Board of Governors of the Federal Reserve (PDF - 27.0 KBs)

Press Advisories:

Bernanke to Testify at Joint Economic Committee (PDF - 34.8 KBs)

Archived Videos:

Watch the Hearing (RAM - 50.0 Bs)

Charts:

Bush Economy: Non Farm (PDF - 61.5 KBs)
Bush Economy: Employee Compensation Has Lagged (PDF - 64.9 KBs)
The Bush Economy: Real Earnings Growth Has Been Weaker and More Unequal (PDF - 10.5 KBs)
The Price of Oil (PDF - 19.6 KBs)

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