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Economic News Releases

LATEST RELEASES

MAJOR ECONOMIC INDICATORS

Consumer Price Index

In August, the Consumer Price Index for All Urban Consumers increased 0.1 percent, seasonally adjusted, and rose 8.3 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.6 percent in August (SA); up 6.3 percent over the year (NSA).

(PDF) (Charts)

Employment Cost Index

Compensation costs increased 1.3 percent for civilian workers, seasonally adjusted, from March 2022 to June 2022. Over the year, total compensation rose 5.1 percent, wages and salaries rose 5.3 percent, and benefit costs rose 4.8 percent.

(PDF) (Charts)

Employment Situation

Total nonfarm payroll employment increased by 315,000 in August, and the unemployment rate rose to 3.7 percent. Notable job gains occurred in professional and business services, health care, and retail trade.

(PDF) (Charts)

Producer Price Index

The Producer Price Index for final demand fell 0.1 percent in August. Prices for final demand goods declined 1.2 percent, and the index for final demand services advanced 0.4 percent. Final demand prices moved up 8.7 percent for the 12 months ended in August.

(PDF) (Charts)

Productivity and Costs

Productivity decreased 4.1 percent in the nonfarm business sector in the second quarter of 2022; unit labor costs increased 10.2 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 4.7 percent and unit labor costs decreased 0.2 percent.

(PDF) (Charts)

Real Earnings

Real average hourly earnings for all employees increased 0.2 percent in August, seasonally adjusted. Average hourly earnings increased 0.3 percent, and CPI-U increased 0.1 percent. Real average weekly earnings decreased 0.1 percent.

(PDF)

U.S. Import and Export Price Indexes

Prices for U.S. imports decreased 1.0 percent in August, after declining 1.5 percent in July. Export prices fell 1.6 percent in August following a 3.7-percent drop the previous month. Over the past year, import prices increased 7.8 percent and export prices rose 10.8 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: August 11, 2022