News Release
Inflation still too high to lower interest rates: CEI analysis
The Consumer Price Index report for March again read 0.4 percent, though the 12-month rate is now up to 3.5 percent. CEI senior economist…
News Release
Economy adds 303,000 jobs in March, unemployment stays stable: CEI analysis
The Labor Department’s March jobs report show 303,000 jobs were added last month, with unemployment staying steady at 3.8 percent. Employers show that they…
News Release
Fed ignores congressional pressure and keeps interest rates steady: CEI analysis
On Wednesday, the Federal Reserve announced that it will keep interest rates steady in a continued effort to fight off inflation. CEI senior economist…
News Release
Inflation numbers more nuanced than they seem: CEI analysis
The Consumer Price Index numbers released today for February 2024 shows inflation increased to 0.4 percent, up from 0.3 percent in January. CEI senior…
News Release
275,000 jobs added in February, employers watching economy and new labor rules: CEI analysis
The economy added 275,000 jobs in February, but the overall unemployment rate is higher than this time last year, sitting at 3.9 percent compared…
News Release
Economy in a healthy spot for further growth: CEI analysis
Today’s GDP numbers for the fourth quarter of 2023 showed economic growth stood at 3.2 percent, a slight downward trend compared to the third…
News Release
FTC suit to stop Krogers-Albertsons Merger would harm consumers
The Federal Trade Commission (FTC) today sued to stop the proposed merger between grocers Kroger and Albertsons. The FTC claims the merger would lead…
News Release
House Oversight and Accountability Committee advances pro-transparency ALERT Act
The House Oversight and Accountability Committee today advanced H.R. 262, the All Economic Regulations are Transparent (ALERT) Act sponsored by Rep. Bob Good (R-VA).
News Release
U.S. economy adds 353,000 jobs in January, employers eager to hire new workers: CEI analysis
In the first month of 2024, the U.S. economy added 353,000 jobs and the unemployment rate remained steady at 3.7 percent. Employers are ready…
News Release
Interest rates to hold steady for now: CEI analysis
The Federal Reserve held interest rates steady at its most recent meeting, as expected. The speculation is now about when it will begin cutting…
News Release
Strong Growth Report Will Allow Federal Reserve to Stay the Course on Fighting Inflation
The Department of Commerce’s Bureau of Economic Analysis released a report today showing the U.S. economy grew by 2.5 percent in 2023. Gross domestic…
News Release
More to inflation story than meets the eye: CEI analysis
According to the Consumer Price Index, December saw inflation rise to 3.4 percent, up 0.3 percent from the month prior. Despite this, inflation numbers…
News Release
216,000 jobs added in December, employers looking ahead to 2024: CEI Analysis
The U.S. economy added 216,000 jobs in December, slightly less than the year’s average gains. CEI experts explain why the labor market is in…
News Release
Administrative Law Courts Are Unfair and Need Reform
A new Competitive Enterprise Institute report delves into a court system that most people are unaware exists – administrative law courts, or ALCs. In addition…
News Release
Economy adds 199,000 jobs in November: CEI analysis
The U.S. economy added 199,000 jobs in the month of November, according to newly released government data. It’s a tightening labor market, with rising…
News Release
Good News on Inflation during October, but It’s Still Too High: CEI Analysis
The consumer price index did not increase from September to October, according to newly released government numbers. But because core CPI is still higher…
News Release
Economy added 150,000 jobs in October, fewer than average months: CEI analysis
The U.S. economy added 150,000 jobs in the month of October, fewer than in average months, according to government data released today. That suggests…
News Release
Big Economic Growth for Third Quarter of 2023, Taming Inflation Didn’t Cause Recession: CEI Analysis
CEI Senior Economist Ryan Young pointed to new data on the economy’s impressive growth in the third quarter of 2023 as evidence that the…
News Release
Inflation still too high as of September: CEI analysis
The federal government today released an update on inflation for the month of September, a rise of 0.4 percent in September compared to a 0.6…
News Release
Economy adds 336k jobs in September, with implications for unions, job-seekers, and Fed interest rate decisions: CEI analysis
The economy added 336,000 jobs in the month of September, according to just-released government numbers. CEI experts expect this means opportunities for labor unions,…
News Release
FTC antitrust lawsuit against Amazon risks harming American consumers
The Federal Trade Commission (FTC) and 17 states filed a lawsuit today in federal court alleging antitrust violations by Amazon. The lawsuit seeks the…
News Release
Fed keeps interest rates the same but Washington politicians remain a threat: CEI analysis
As expected, the Federal Reserve today left interest rates unchanged at its Open Market Committee meeting today. CEI Senior Economist Ryan Young warns the…
News Release
187,000 jobs added in August 2023, with more people trying to get back to work: CEI analysis
The U.S. economy added 187,000 jobs in August 2023, and the unemployment rate rose to 3.8 percent, according to data released Friday by the…
News Release
Falling energy prices mask inflation, despite official numbers showing little change from June to July: CEI analysis
The Consumer Price Index ticked up slightly from June to July, but CEI Senior Economist Ryan Young explains why the true inflation problem was…
News Release
Economy adds 187,000 jobs in July 2023: CEI analysis
The U.S. economy added 187,000 jobs in July, according to the Labor Department’s Bureau of Labor Statistics. Not spectacular but not bad, say CEI…
News Release
Economy avoids recession, grows 2.4 percent – but falls short: CEI analysis
GDP numbers released this morning show a healthy 2.4 percent annualized growth in the second quarter. CEI Senior Economist Ryan Young thinks it could…
News Release
Fed raises interest rates, as needed: CEI analysis
The Federal Reserve decided to raise the federal funds rate a quarter of a percent, as expected, at today’s Federal Open Market Committee meeting.
News Release
July CPI report shows key inflation measure still too high
The Bureau of Labor Statistics (BLS) released its latest report on the Consumer Price Index (CPI) today, showing inflation up 3 percent from one…
News Release
Economy adds 209,000 jobs in June, fewer than expected: CEI analysis
The U.S. economy added just 209,000 jobs in June 2023, under-performing compared to expectations. CEI economy and labor experts offer analysis on what this…
News Release
House passes sensible regulatory reform bills to shrink power of the administrative state
Earlier today, the House passed 220 to 211 the Separation of Powers Restoration Act (SOPRA) sponsored by Rep. Scott Fitzgerald (R-WI).
News Release
Fed holds interest rates steady but shouldn’t have: CEI analysis
The Federal Reserve decided to leave the federal funds rate unchanged at today’s Federal Open Market Committee meeting. CEI senior economist Ryan Young argues…
News Release
Inflation Slows, Fed Actions Pay Off: CE Analysis
Consumer prices rose 0.1 percent in May (up 4 percent this past year), according new inflation data released today by the Labor Department. Inflation…
News Release
Labor Market Remains Strong Despite Participation Rate Below Pre-Pandemic Levels
The Bureau of Labor Statistics (BLS) at the Department of Labor found employers added 339,000 new jobs in May, according to a new report.
News Release
Inflation worse than headline number suggests
The annual inflation rate in April was the lowest it’s been in two years, according to Labor Department data released today – 4.9 percent. That…
News Release
253,000 Jobs Added in April 2023, but Labor Force Participation Lags
The U.S. economy added 253,000 jobs in April, according to the U.S. Bureau of Labor Statistics, but the labor force participation rate remains troubling,…
News Release
Fed Rate Increase the Right Move for Economy, Credibility
As expected, the Federal Reserve raised the federal funds rate by a quarter percentage point. CEI senior economist Ryan Young supports the move:…
News Release
US Economy Grew 1.1 Percent First Quarter 2023 – Could Be Worse: CEI Analysis
The U.S. economy grew 1.1 percent in the first quarter of 2023, according to the Bureau of Economic Statistics. It may seem underwhelming, but…
News Release
UK Competition and Markets Authority Anti-Merger Ruling Undermines Consumer Interests
The UK’s Competition and Markets Authority (CMA) is blocking Microsoft’s $69 billion acquisition of video game developer Activision Blizzard out of fear the deal…
News Release
House Republicans Helpfully Tie Government Reforms to Debit Limit Deal
House Republican leadership yesterday released the text of their debt limit deal which trades a suspension or increase in the debt limit for a number…
News Release
CPI Slowed in March, More Tightening Necessary to Get Inflation Under Control
The U.S. Bureau of Labor Statistics released its Consumer Price Index Summary today, showing CPI increased by 0.1 percent in March 2023. CEI Senior Economist…
News Release
236,000 Jobs Added in March 2023
The U.S. economy added 236,000 jobs in March, according to the U.S. Bureau of Labor Statistics, suggesting good and bad future trends, say CEI…
News Release
FTC Antitrust Overreach Threatens Health of Americans at Risk of Cancer Diagnosis
The Federal Trade Commission (FTC) today ordered Illumina to unwind its acquisition of Grail, a $7 billion deal that would add an early cancer…
News Release
CEI Economist: Inflation Remains High, Fed should Keep Raising Rates
The Consumer Price Index rose 0.4 percent in February, according to the U.S. Bureau of Labor Statistics. Amounting to an annual inflation rate of…
News Release
Economy Adds 311,000 Jobs in February 2023 – Good News
The U.S. economy added 311,000 jobs in February, according to the U.S. Bureau of Labor Statistics, more than expected by experts. Competitive Enterprise Institute…
News Release
Biden Budget Amounts to Top-Down Central Planning, Lacks Needed Reforms
President Biden today unveiled his latest budget submitted to Congress. CEI experts take a dim view of the agenda of excess spending and regulation…
News Release
Economy Adds 517,000 Jobs in January: CEI Analysis
The U.S. economy added 517,000 jobs in January 2023, according to newly released government numbers. That’s higher than expected. CEI experts explain what it…
News Release
Latest Fed Interest Rate Increase Brings Us Closer to a Soft Landing: CEI Analysis
The Federal Reserve today announced an interest rate increase of a quarter percentage point, as expected. CEI Senior Economist Ryan Young says the series of…
News Release
Good News on Economic Growth: CEI Analysis
The U.S. Commerce Department’s Bureau of Economic Analysis released data today showing the economy grew 2.1 percent in 2022. CEI Senior Economist Ryan Young…
News Release
Why DOJ’s Antitrust Suit Against Google’s Digital Ad Business Misses the Mark
The Department of Justice (DOJ) filed a lawsuit against Google today, a division of parent company Alphabet, alleging the company has a monopoly over digital…
News Release
Inflation Ticks Down in December – Fed Should Stay on Course, CEI Economist Urges
Good news – the annual inflation rate fell from 7.1 percent in November to 6.5 percent in December, according to the latest consumer price…