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Economic News Releases

LATEST RELEASES

MAJOR ECONOMIC INDICATORS

Consumer Price Index

In January, the Consumer Price Index for All Urban Consumers increased 0.3 percent, seasonally adjusted, and rose 3.1 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.4 percent in January (SA); up 3.9 percent over the year (NSA).

(PDF) (Charts)

Employment Cost Index

Compensation costs increased 0.9 percent for civilian workers, seasonally adjusted, from September 2023 to December 2023. Over the year, total compensation rose 4.2 percent, wages and salaries rose 4.3 percent, and benefit costs rose 3.8 percent.

(PDF) (Charts)

Employment Situation

Total nonfarm payroll employment rose by 353,000 in January, and the unemployment rate remained at 3.7 percent. Job gains occurred in professional and business services, health care, retail trade, and social assistance. Employment declined in mining, quarrying, and oil and gas extraction.

(PDF) (Charts)

Producer Price Index

The Producer Price Index for final demand increased 0.3 percent in January. Prices for final demand services rose 0.6 percent, and the index for final demand goods decreased 0.2 percent. The index for final demand advanced 0.9 percent for the 12 months ended in January.

(PDF) (Charts)

Productivity and Costs

Productivity increased 3.2 percent in the nonfarm business sector in the fourth quarter of 2023; unit labor costs increased 0.5 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 2.3 percent and unit labor costs increased 4.2 percent.

(PDF) (Charts)

Real Earnings

Real average hourly earnings for all employees increased 0.3 percent in January, seasonally adjusted. Average hourly earnings increased 0.6 percent, and CPI-U increased 0.3 percent. Real average weekly earnings decreased 0.3 percent.

(PDF)

U.S. Import and Export Price Indexes

Prices for both U.S. imports and exports advanced 0.8 percent in January following decreases of 0.7 percent in December. Over the past year, import prices declined 1.3 percent and export prices fell 2.4 percent.

(PDF) (Charts)

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  • Data in archived news releases may have been revised in subsequent releases. The latest data, including any revisions, may be obtained from the databases accessible on the program homepages.
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Last Modified Date: July 17, 2023