The Labor Department released new data today on initial unemployment claims by laid-off workers. For the week ending July 11, new claims dropped 10,000 to 1.3 million, extending the downward trend from the peak of 6.9 million in late March. Continuing…
Lawmakers in Washington have enacted four laws in response to the coronavirus pandemic totaling $2.4 trillion. The Congressional Budget Office recently published a summary of those measures, including the estimated effects on discretionary and mandatory spending, revenues, and the deficit.…
On June 4, roughly 25 young professionals gathered together (remotely), stared at computer screens and watched an animated video over Zoom. Since it happened to be a beautiful evening in late spring in New Hampshire, they either really liked cartoons…
The Congressional Budget Office recently revised its forecast of key economic variables that drive the agency’s projections of federal spending and revenues. As the U.S. economy shuddered to a virtual halt in March in response to the global health pandemic,…
