Washington, DC…The Federal Reserve is committed to using its full range of tools to support the U.S. economy in this challenging time, thereby promoting its maximum employment and price stability goals. Progress on vaccinations has reduced the spread of COVID-19 in the United States. Amid this progress and strong policy support, indicators of economic activity […]
Washington, DC…The Producer Price Index for final demand increased 0.8 percent in May, seasonally adjusted, the U.S. Bureau of Labor Statistics reported today. Final demand prices rose 0.6 percent in April and 1.0 percent in March. (See table A.) On an unadjusted basis, the final demand index advanced 6.6 percent for the 12 months ended […]
Washington, DC…Earlier this week, the U.S. Environmental Protection Agency, in conjunction with the U.S. Army Corps of Engineers, announced its intent to revise the definition of “Waters of the United States” (WOTUS) that was put in place by the Navigable Waters Protection Rule during the Trump Administration in 2020. The 2020 definition was itself a […]
Universal City, CA…California’s full reopening marks the end of social distancing, capacity restrictions, county tiers and masks in almost all settings. California was one of the only states in the country to achieve a week-over-week increase in the rate of vaccinations, most recently with a 22 percent increase in vaccinations. 10 vaccinated winners selected today […]
Sacramento, CA…The Occupational Safety and Health Standards Board on June 3 readopted Cal/OSHA’s revised COVID-19 prevention emergency temporary standards. Last year, the Board adopted health and safety standards to protect workers from COVID-19. The standards did not consider vaccinations and required testing, quarantining, masking and more to protect workers from COVID-19. The changes adopted by […]
Washington, DC…The Open Investment Policy of the United States is a pledge to treat all investors fairly and equitably under the law. As Governors, CEOs, and other public and private sector leaders come together at the 2021 SelectUSA Summit this week, I want to reiterate my administration’s commitment to ensuring that the United States remains […]
Kent, Wa…Auction bidding is already at $2.8 million with nearly 6,000 participants from 143 countries. Bidding is underway now at BlueOrigin.com and concludes with a live online auction on June 12th. Anyone interested in bidding in the live auction must register by June 10th. Registration details can be found at BlueOrigin.com. The winning bidder will fly to space […]
Los Angeles, CA…In the summer of 1984, I desperately wanted to swim in the deep end of the water with my friends at the local swimming pool. I couldn’t swim very well—I was only five—but that didn’t stop me. I dove off the diving board into 12 feet of water, and promptly started to flail […]
Washington, DC…Total nonfarm payroll employment rose by 559,000 in May, and the unemployment rate declined by 0.3 percentage point to 5.8 percent, the U.S. Bureau of Labor Statistics reported today. Notable job gains occurred in leisure and hospitality, in public and private education, and in health care and social assistance. This news release presents statistics […]
Salinas, CA…It’s never been more affordable to enjoy the world-class racing action at one of the most beautiful tracks in the world. WeatherTech Raceway Laguna Seca is thrilled to welcome fans back to its picturesque track and Laguna Seca Recreation Area. While the facility is following all CDC and local health and safety guidelines, it […]