2015 Economic Report of the President Transmitted to the Congress February 2015 Together With the Annual Report of the Council of Economic Advisors - Update on the State of the American Economy

This unique print replica reproduction presents the new 2015 Economic Report of the President. As a bonus, we've included our new intelligence title, 2015 U.S. Intelligence Community Worldwide Threat Assessment.

What's the state of the US economy? Find out in the newly released 2015 Economic Report of the President combined with The Annual Report of the Council of Economic Advisers.

The Economic Report of the President is an annual report written by the Chair of the Council of Economic Advisers. An important vehicle for presenting the Administration€s domestic and international economic policies, it provides an overview of the nation's economic progress with text and extensive data appendices. It is combined with the Annual Report of the Council of Economic Advisers.

The Economic Report of the President is a document published by the President of the United States' Council of Economic Advisers (CEA). Released in February of each year, the report reviews what economic activity was of impact in the previous year, outlines the economic goals for the coming year (based on the President's economic agenda), and makes numerical projections of how the economy will perform. Criticism usually follows, sometimes attacking the importance placed or not placed on particular data, and also on the importance of particular goals presented in the Overview.€

The 2015 Economic Report of the President reviews the United States€ accelerating recovery and ways to further support middle-class families as the recovery continues. The economy is recovering from the Great Recession at an increasing pace, growing at an annual rate of 2.8 percent over the past two years, compared with 2.1 percent over the first three-and-a-half years of the recovery. The speed-up is especially clear in the labor market, where job gains have reached a pace not seen since the 1990s. But it is essential that a broad range of households benefit from the United States€ resurgent growth, so this year€s Report focuses on factors that are important to middle-class incomes:

€ productivity,
€ labor force participation, and
€ income inequality.

The President€s approach to economic policies, what he calls €œmiddle-class economics,€ aims to improve each of these long-standing elements and ensure that Americans of all income levels share in the accelerating recovery.

Chapter 1 reviews the progress of the recovery and explores the long-term factors that drive middle-class incomes.

Chapter 2 reviews the macroeconomic performance of the U.S. economy during 2014, including the growth of output and employment, the continued decline in the unemployment rate, the healing of the housing market, and the improvement in the budget deficit as a share of GDP.

Chapter 3 addresses the opportunities and challenges facing the U.S. labor market.

Chapter 4 discusses how American family lives have changed over the last half-century and the implications of these changes for our labor market.

Chapter 5 shifts the focus to productivity growth with an examination of business tax reform as well as a briefer discussion about the complementary issues in individual taxation.

Chapter 6 reviews the profound transformation of the U.S. energy sector.

Chapter 7 situates the United States in the context of the global economy.

Charts and graphs accompany the text within these chapters to showcase key data elements.