Friday’s April employment report from the Bureau of Labor Statistics (BLS) was widely perceived – including by Eakinomics – as (overdue) evidence of labor market cooling consistent with the Fed’s continued restrictive monetary policy. A few hours later, however, the Institute for Supply Management released its purchasing managers’ index (PMI) for Services. The overall PMI […]
Douglas Holtz-Eakin is the President of the American Action Forum (AAF) and a former Director of the Congressional Budget Office (CBO). With a focus on economic policy and analysis, Holtz-Eakin writes articles for the AAF that cover a range of topics including regulatory issues, economic outlooks, and current events.