News release: “Today, the U.S. Congress Joint Economic Committee (JEC), chaired by Representative Carolyn B. Maloney (D-NY), released the 2010 Joint Economic Report, which provides an overview of the state of the U.S. economy at the halfway point in 2010. The annual report, mandated by the requirements from the 1946 Employment Act, details the lasting effects of the Great Recession and the recovery now underway, and explains why additional actions are needed to support America’s recovering economy…The 2010 Joint Economic Report makes clear that the economy has a long road to tread before it fully heals, and that continuing to enact targeted, cost-effective policies will push the economy along and reduce the likelihood that it falls into an abyss. Key findings from the first half of 2010 include a rebound by manufacturers — which had reduced their payrolls substantially during the Great Recession — but in 2010 registered the largest six-month gain in employment since 1998.”