Council of Economic Advisers

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Council of Economic Advisers

A group of economists appointed by the President of the United States to provide economic counsel and help prepare the president's budget presentation to Congress.
Copyright © 2012, Campbell R. Harvey. All Rights Reserved.

Council of Economic Advisers

A committee of three members charged with advising the President of the United States on economic matters. Among its duties are helping the President formulate policy, interpreting data, and generally serving as the White House's resident experts on the economy. Each year, the Council prepares a report, which gives information on the state of the economy of the previous year and contains predictions for the coming year. The Council consists of a chairperson and two members, who are appointed by the President upon approval of the Senate. It is the subject of criticism at times because political considerations have been known to color its reports.
Farlex Financial Dictionary. © 2012 Farlex, Inc. All Rights Reserved

Council of Economic Advisers

A group of three economists appointed by the President of the United States to advise the executive branch on domestic and foreign economic issues. The influence of the Council has varied widely depending upon the views of the President in office and the use he wishes to make of its advice.
Wall Street Words: An A to Z Guide to Investment Terms for Today's Investor by David L. Scott. Copyright © 2003 by Houghton Mifflin Company. Published by Houghton Mifflin Company. All rights reserved. All rights reserved.
References in periodicals archive ?
Former Chair, President's Council of Economic Advisors
Additionally, the President's Council of Economic Advisors released "The Economics of Early Childhood Investments," describing the economic returns to investments in childhood development and early education.
Schultz and served on the President's Council of Economic Advisors. He was heavily involved in airline and trucking deregulation.
The 9.1 percent jobless rate is "a level that remains unacceptably high," Katharine Abraham, a member of the president's Council of Economic Advisors, said in a White House blog post.
Prior to joining Kroger, Boehm, who grew up on a dairy farm in Wisconsin, served as the senior economist for food and agriculture with the President's Council of Economic Advisors from 1979 to 1981.
Senate Majority Leader; Katherine Baicker, member of the President's Council of Economic Advisors; Bob Wise, former governor of West Virginia; and Ronald Perlman, professor, Georgetown University Law Center.
Participants include Randall Kroszner, Member of the President's Council of Economic Advisors; Katherine Schipper, FASB (Financial Accounting Standards Board) Member; Elizabeth A.
The nomination of McClellan, who also serves on the President's Council of Economic Advisors, requires the approval of the Senate.
A 1999 report by the President's Council of Economic Advisors revealed that in working families with children under age 18, members have little time to spend with each other.
Janet Yellen, chair of the President's Council of Economic Advisors, presented the administration's funny numbers to the House Commerce Committee in March.
Friedman Professor of Economics and Hoover Institution Senior Fellow, Stanford University, and former Chairman, President's Council of Economic Advisors

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