Blog Posts
Jun 8, 2020
May Unemployment Data Show a Slight Improvement in the Labor Market
New data from the Bureau of Labor Statistics show that the labor market experienced an unexpected improvement in May.
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Blog Posts
May 22, 2020
What Support Are Small Businesses Receiving During the Coronavirus Pandemic?
So far, federal measures to support small businesses have amounted to $760 billion.
Blog Posts
May 22, 2020
How Has the Coronavirus Affected the U.S. Economic Outlook
Before the pandemic, the U.S. economy was in its longest expansion since World War II and had notably low unemployment. The pandemic and the resulting reductions in social and economic activity, however, have altered that trajectory.
https://www.pgpf.org/blog/2020/05/how-the-coronavirus-has-affected-our-economic-outlook
Blog Posts
May 21, 2020
How Does the U.S. Economic Response to Coronavirus Compare to the Rest of the World?
COVID-19 has spread to nearly every country in the world, and to help reduce the health risk and save lives, many countries have imposed limitations on business activity, congregating, and traveling.
Blog Posts
May 15, 2020
The United States Spends More on Defense than the Next 10 Countries Combined
U.S. defense spending increased substantially from 2018 to 2019 relative to other countries.
Blog Posts
May 8, 2020
April Unemployment Data Show Devastating Effects of the Coronavirus Pandemic on the Labor Market
In response to the COVID-19 pandemic, elected leaders have asked the American people to stay at home and have forced businesses to close to mitigate the spread of the virus.
Blog Posts
Apr 29, 2020
First Economic Growth Report Under the Coronavirus: Real GDP Falls 4.8% in First Quarter
The decrease in GDP in the first quarter was driven by a decline in consumption and investment.
Blog Posts
Apr 24, 2020
U.S. GDP to Fall 5.6% Due to Coronavirus, According to New CBO Projections
The new numbers demonstrate the severe economic damage and significant fiscal implications of this unprecedented crisis.
Blog Posts
Apr 21, 2020
Four Key Takeaways From the Early Unemployment Data
The official unemployment rate was 4.4 percent in March 2020, up from 3.5 percent in February. That increase was the largest of any month since January 1975.
Blog Posts
Apr 1, 2020
Six Charts That Show How Low Corporate Tax Revenues Are in the United States Right Now
Compared to historical trends and other advanced economies, corporate tax revenues in the United States are at very low levels.