Gross domestic product (GDP) data for the third quarter of 2016 (first estimate) were released on Friday, October 28, 2016. Real GDP increased at an annual rate of 2.9 percent.
Ranking Member
Congresswoman Carolyn B. Maloney (D-NY)
Oct 21 2016
Current Unemployment Rates across States
State unemployment rates for September were released on Friday, October 21, 2016. In September, there were 20 states with unemployment rates significantly lower than the national rate of 5.0 percent. Nine states and the District of Columbia had rates significantly higher than the national rate and 21 states had rates that were not statistically different from the national rate.
Gross domestic product (GDP) data for the second quarter of 2016 (second estimate) were released on Thursday, September 29, 2016. Real GDP increased at an annual rate of 1.4 percent.
Sep 20 2016
Current Unemployment Rates across States
State unemployment rates for August were released on Tuesday, September 20, 2016. In August, there were 20 states with unemployment rates significantly lower than the national rate of 4.9 percent. Eleven states and the District of Columbia had rates significantly higher than the national rate and 19 states had rates that were not statistically different from the national rate.
On Tuesday, September 13, the U.S. Census Bureau released 2015 economic data on household income, poverty and health insurance coverage. These 10 charts show how the U.S. economy continues its strong recovery from the effects of the Great Recession and what areas still are a challenge.
2015 saw the largest percentage increase in median household income since records began being kept in 1967. The gender wage gap narrowed to 20 cents on the dollar. The number of Americans living in poverty dropped by 3.5 million to 13.5%. Every racial and ethnic group saw its poverty level drop and its household income rise. Only 9.1% of Americans still don’t have health insurance.
The 10 charts include:- Median Household Income Has Largely Recovered from the Great Recession
- Despite Strong Gains in 2015, Median Household Income Remains Below 1999 Peak
- After a Sharp Increase During the Recession, the Poverty Rate is Coming Back Down
- Social Security Lifts Millions of People Out of Poverty
- Uninsured Rates Have Fallen Dramatically Since 2013
- All Major Racial and Ethnic Groups Saw Income Gains in 2015, but Large Disparities Remain
- Poverty Rates in Black and Hispanic Communities Fell in 2015, but Remain Well Above the National Average
- Wide Disparities in Health Insurance Coverage Persist
- Women Earn 80 Cents for Every Dollar Earned by Men
- Gender Pay Gap Hurts Women of All Races and Ethnicities
Sep 06 2016
The August Jobs Report in Eight Charts
The Bureau of Labor Statistics released the employment situation for August 2016 on Friday, September 2, 2016. The private-sector added 126,000 jobs in August, and the unemployment rate stayed at 4.9%.
Aug 19 2016
Current Unemployment Rates across States
State unemployment rates for July were released on Friday, August 19, 2016. In July, there were 20 states with unemployment rates significantly lower than the national rate of 4.9 percent. Fourteen states and the District of Columbia had rates significantly higher than the national rate, and 16 states had rates that were not statistically different from the national rate.
Aug 05 2016
The July Jobs Report in Eight Charts
The Bureau of Labor Statistics released the employment situation for July 2016 on Friday, August 5, 2016. The private-sector added 217,000 jobs in July, and the unemployment rate stayed at 4.9%. See our press release for additional information.
Gross domestic product (GDP) data for the second quarter of 2016 (first estimate) were released on Friday, July 29, 2016. Real GDP increased at an annual rate of 1.2 percent.
Jul 27 2016
Table of Real GDP Growth by State
The Bureau of Economic Analysis released state-level GDP data for the first quarter of 2016 on Wednesday, July 27, 2016. The JEC Democratic staff analyzed the data and created a table with a state-by-state breakdown of real GDP growth, including the percentage change over the past year, over the past three years, since the national low point for GDP in Q2 2009 and since the national prerecession peak in Q4 2007.
The table shows that, over the past year (Q1 2015 to Q1 2016), real GDP grew in 43 states and the District of Columbia. Fourteen states posted real GDP growth of 3 percent or more. The fastest real GDP growth from Q1 2015 to Q1 2016 was in New Hampshire (4.1 percent), followed by Tennessee (4.0 percent), South Dakota, Washington and Maine (3.7 percent each).
JEC Democrats
Joint Economic Committee
Democratic
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