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Economic News Releases

LATEST RELEASES

MAJOR ECONOMIC INDICATORS

Consumer Price Index

In December, the Consumer Price Index for All Urban Consumers rose 0.5 percent, seasonally adjusted, and rose 7.0 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.6 percent in December (SA); up 5.5 percent over the year (NSA).

(PDF) (Charts)

Employment Cost Index

Compensation costs increased 1.0 percent for civilian workers, seasonally adjusted, from September 2021 to December 2021. Over the year, total compensation rose 4.0 percent, wages and salaries rose 4.5 percent, and benefit costs rose 2.8 percent.

(PDF) (Charts)

Employment Situation

Total nonfarm payroll employment rose by 199,000 in December, and the unemployment rate declined to 3.9 percent. Employment continued to trend up in leisure and hospitality, in professional and business services, in manufacturing, in construction, and in transportation and warehousing.

(PDF) (Charts)

Producer Price Index

The Producer Price Index for final demand increased 0.2 percent in December, as prices for final demand services advanced 0.5 percent and the index for final demand goods decreased 0.4 percent. Final demand prices rose 9.7 percent in 2021.

(PDF) (Charts)

Productivity and Costs

Productivity decreased 5.2 percent in the nonfarm business sector in the third quarter of 2021; unit labor costs increased 9.6 percent (seasonally adjusted annual rates). In manufacturing, productivity decreased 1.8 percent and unit labor costs increased 4.6 percent.

(PDF) (Charts)

Real Earnings

Real average hourly earnings for all employees increased 0.1 percent in December, seasonally adjusted. Average hourly earnings increased 0.6 percent and CPI-U increased 0.5 percent. Real average weekly earnings increased 0.1 percent over the month.

(PDF)

U.S. Import and Export Price Indexes

Prices for U.S. imports decreased 0.2 percent in December, after rising 0.7 percent the previous month. Export prices fell 1.8 percent in December following a 0.8-percent rise in November. Over the past year, import prices increased 10.4 percent and export prices advanced 14.7 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: November 4, 2021