Is the Economy Overdue for a Recession?

From The Atlantic: Expansions don’t die of old age, economists say. But President Trump still seems likely to face a contraction. The unemployment rate at 4.7 percent. Employers adding 235,000 workers a month. Consumer confidence at its highest level since 2001. The stock market rallying to new territory. Jobless claims flirting with a 44-year low.

As D.C. braces for federal drawdown, region gets more disappointing news on jobs

From The Washington Post: The Washington area experienced far less job growth last year than previously reported, the Bureau of Labor Statistics reported Monday, raising new concerns about the health of the local economy as the region awaits President Trump’s proposal to rein in the size of the federal workforce. The metropolitan area added just

Drain the swamp? No, let’s just move it, Rep. Chaffetz suggests.

From The Washington Post: Rep. Jason Chaffetz (R-Utah) wants to do more than drain the swamp. He wants to dismantle it piece by piece and redistribute it to the rest of America. Chaffetz, who chairs the House Oversight and Government Reform Committee, proposed a resolution that asserts it is unnecessary for federal agencies to be

The Washington Region Gained 55,600 Jobs Between 2015 and 2016

Job Gains Revised Down from Preliminary Releases The Washington region added 55,600 jobs between 2015 and 2016 based on data released today from the U.S. Bureau of Labor Statistics (BLS), or 16,800 fewer jobs than indicated by the preliminary releases. In the preliminary releases, the region had been on pace to add 72,400 jobs in