SBE News

Capitol Update 2/09/2024

Latest jobs report shows strong economic growth The U.S. economy added 353,000 jobs in January, making 14.8 million jobs since President Biden took office. With the unemployment rate at 3.7%, this continues the longest stretch of the jobless rate staying below 4% in more than … read more

Capitol Update 2.5.24

Payroll employment rises by 353,000 in January; unemployment rate remains at 3.7% Total nonfarm payroll employment rose by 353,000 in January, and the unemployment rate remained at 3.7 percent. Job gains occurred in professional and business services, health care, retail trade, and social assistance. Employment … read more

Capitol Update 1.29.24

PPI for final demand falls 0.1% in December; goods decrease 0.4%, services unchanged The Producer Price Index for final demand fell 0.1 percent in December. Prices for final demand goods decreased 0.4 percent, while the index for final demand services remained unchanged. Prices for final … read more

Capitol Update 1/15/2023

Lawmakers announce $1.66T government funding deal House Speaker Mike Johnson, R-La., and Senate Majority Leader Chuck Schumer, D-N.Y., have announced a deal on a $1.66 trillion spending plan for the federal government, getting ahead of concerns about a potential shutdown. Lawmakers have until Jan. 19 … read more

Capitol Update 12/11/2023

Construction spending, jobs increase year over year in Oct. Non-inflation-adjusted construction spending rose 11% year over year in October, according to the Census Bureau, and construction employment increased in 226 out of 358 metro between October 2022 and October 2023, according to the Bureau of … read more