Economic News Releases
MAJOR ECONOMIC INDICATORS
In April, the Consumer Price Index for All Urban Consumers rose 0.8 percent
on a seasonally adjusted basis; rising 4.2 percent over the last 12 months,
not seasonally adjusted. The index for all items less food and energy
increased 0.9 percent in April (SA); up 3.0 percent over the year (NSA).
Compensation costs increased 0.9 percent for civilian workers, seasonally adjusted, from December 2020 to March 2021. Over the year, total compensation rose 2.6 percent, wages and salaries rose 2.7 percent, and benefit costs rose 2.5 percent.
Total nonfarm payroll employment rose by 266,000 in April, and the unemployment rate was little changed at 6.1 percent.
Job gains in leisure and hospitality, other services, and local government education were partly offset by losses in
temporary help services and in couriers and messengers.
The Producer Price Index for final demand rose 1.0 percent in March, as prices for final demand
goods advanced 1.7 percent, and the index for final demand services moved up 0.7 percent. The
final demand index increased 4.2 percent for the 12 months ended in March.
Productivity increased 5.4 percent in the nonfarm business sector in the first quarter of 2021;
unit labor costs decreased 0.3 percent (seasonally adjusted annual rates). In manufacturing,
productivity increased 0.1 percent and unit labor costs increased 4.6 percent.
Real average hourly earnings for all employees were unchanged over the month in April, seasonally adjusted. Average hourly earnings increased 0.7 percent and CPI-U increased 0.8 percent. Real average weekly earnings increased 0.2 percent over the month.
Prices for U.S. imports increased 1.2 percent in March following a 1.3-percent advance in
February. Export prices rose 2.1 percent in March, after increasing 1.6 percent the
previous month. Over the past year, import prices advanced 6.9 percent and export prices
rose 9.1 percent.
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Last Modified Date: April 8, 2021