Economic Report of the President, Transmitted to the Congress February 2016 Together with the Annual Report of the Council of Economic Advisors by Council of Economic Advisers (U S )

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 whateconomicactivity 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. Read more