Economic News Releases
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MAJOR ECONOMIC INDICATORS
In August, the Consumer Price Index for All Urban Consumers increased 0.6 percent, seasonally
adjusted, and rose 3.7 percent over the last 12 months, not seasonally adjusted. The index for all
items less food and energy increased 0.3 percent in August (SA); up 4.3 percent over the year (NSA).
(PDF) (Charts)
Compensation costs increased 1.0 percent for civilian workers, seasonally adjusted, from March 2023 to June 2023. Over the year, total compensation rose 4.5 percent, wages and salaries rose 4.6 percent, and benefit costs rose 4.2 percent.
(PDF) (Charts)
Total nonfarm payroll employment increased by 187,000 in August, and the unemployment
rate rose to 3.8 percent. Employment continued to trend up in health care, leisure and
hospitality, social assistance, and construction. Employment in transportation and
warehousing declined.
(PDF) (Charts)
The Producer Price Index for final demand increased 0.7 percent in August. Prices for final
demand goods rose 2.0 percent, and the index for final demand services advanced 0.2 percent.
Prices for final demand moved up 1.6 percent for the 12 months ended in August.
(PDF) (Charts)
Productivity increased 3.5 percent in the nonfarm business sector in the second quarter of 2023;
unit labor costs increased 2.2 percent (seasonally adjusted annual rates). In manufacturing,
productivity increased 2.9 percent and unit labor costs increased 4.9 percent.
(PDF) (Charts)
Real average hourly earnings for all employees decreased 0.5 percent in August, seasonally adjusted. Average hourly earnings increased 0.2 percent, and CPI-U increased 0.6 percent. Real average weekly earnings decreased 0.1 percent.
(PDF)
U.S. import prices increased 0.5 percent in August following a 0.1-percent advance in
July. Prices for U.S. exports rose 1.3 percent in August, after increasing 0.5 percent the
previous month. Over the past year, import prices declined 3.0 percent and export prices
fell 5.5 percent.
(PDF) (Charts)
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Last Modified Date: July 17, 2023