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Economy content
Welfare Indicators and GDP
This BEA working paper dives into the nuanced relationship between income inequality and household consumption across U.S. states. While high-income households have grown richer, their extra income hasn’t translated into…
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Executive Order 14316: Extending the Modification...
This Executive Order extends the temporary suspension of enhanced tariffs on certain imported goods as the U.S. continues negotiations with key trading partners. Originally imposed to counter large and persistent…
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The Bayh-Dole Act’s Role in Stimulating...
The Bayh-Dole Act helped unlock the economic potential of federally funded research, but its benefits have not reached all communities equally. Today, there’s a growing push to ensure that innovation…
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Short-Circuited: How Semiconductor Tariffs Would...
Blanket tariffs on semiconductor imports could do more harm than good for the U.S. economy. According to ITIF, proposed 25% tariffs would lead to reduced economic growth, increased costs for…
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Average Annual Pay Per Employee
New data from the 2023 County Business Patterns report reveals wide disparities in average annual pay across U.S. economic sectors. While the overall average stands at $68,342, industries like Information…
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Risks From Within and Abroad
For the first time in decades, the 2025 World Economic Forum forecasted that state-based armed conflict would be the top global risk this year. And this appears to be true—war…
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The Rising Returns to R&D: Ideas Are Not Getting...
Despite concerns that “ideas are getting harder to find,” this paper finds that R&D has actually become more productive over the last four decades. Using U.S. Census data from 1976…
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Impact Investing and Worker Outcomes
This paper investigates how impact investing—where private capital pursues social goals alongside profits—affects worker outcomes. Using extensive U.S. Census data, it finds that firms backed by impact investors are more…
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Women’s History Month: 2025 Women-Owned Employer...
In celebration of Women’s History Month 2025, new data highlights the vital role of women-owned businesses in the U.S. economy. Out of 5.9 million employer businesses nationwide, 1.3 million are…
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Measure the Unmeasurable: Demonstrating the...
Quantifying the value of science infrastructure is no easy task, but it’s essential for shaping smart investments. RTI’s work with neutron scattering facilities showcases how federal research infrastructure fuels innovation…
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Gross Domestic Product (Second Estimate),...
The U.S. economy grew at an annual rate of 1.3% in the first quarter of 2025, according to the second estimate from the Bureau of Economic Analysis. This marks a…
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Executive Order 14267: Reducing Anti-Competitive...
The President has launched a sweeping directive to eliminate federal regulations that stifle competition and entrench monopolies. Executive Order 14267 mandates a comprehensive agency review to identify rules that block…
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Executive Order 14255: Establishing the United...
Executive Order 14255 establishes the United States Investment Accelerator to streamline large-scale investment—domestic and foreign—by cutting through regulatory red tape. Housed within the Department of Commerce, the Accelerator will support…
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The State Hamilton Index: Most States Underperform...
The 2025 State Hamilton Index reveals that most U.S. states are underperforming in advanced industries such as biotech, electronics, and aerospace, with only four states—Washington, Virginia, Indiana, and Michigan—outpacing the…
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Commuter Rail: Most Systems Struggling to Recover...
Nearly five years after the pandemic began, most U.S. commuter rail systems are still struggling to regain pre-COVID ridership levels, despite restoring or exceeding service levels. While some systems have…
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