Economic News Releases
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MAJOR ECONOMIC INDICATORS
In May, the Consumer Price Index for All Urban Consumers was unchanged, seasonally
adjusted, and rose 3.3 percent over the last 12 months, not seasonally adjusted. The index for all
items less food and energy increased 0.2 percent in May (SA); up 3.4 percent over the year (NSA).
(PDF) (Charts)
Compensation costs increased 1.2 percent for civilian workers, seasonally adjusted, from December 2023 to March 2024. Over the year, total compensation rose 4.2 percent, wages and salaries rose 4.4 percent, and benefit costs rose 3.7 percent.
(PDF) (Charts)
Total nonfarm payroll employment increased by 272,000 in May, and the unemployment
rate changed little at 4.0 percent. Employment continued to trend up in several
industries, led by health care; government; leisure and hospitality; and professional,
scientific, and technical services.
(PDF) (Charts)
The Producer Price Index for final demand declined 0.2 percent in May. Prices for final demand
goods declined 0.8 percent, and the index for final demand services was unchanged. The index
for final demand advanced 2.2 percent for the 12 months ended in May.
(PDF) (Charts)
Productivity increased 0.2 percent in the nonfarm business sector in the first quarter of 2024;
unit labor costs increased 4.0 percent (seasonally adjusted annual rates). In manufacturing,
productivity was unchanged and unit labor costs increased 3.1 percent.
(PDF) (Charts)
Real average hourly earnings for all employees increased 0.5 percent in May, seasonally adjusted. Average hourly earnings increased 0.4 percent, and CPI-U was unchanged. Real average weekly earnings increased 0.4 percent.
(PDF)
Prices for U.S. imports declined 0.4 percent in May after an increase of 0.9 percent in
April. U.S. export prices decreased 0.6 percent in May following a 0.6-percent advance
the previous month. Over the past year, import prices rose 1.1 percent and export prices
increased 0.6 percent.
(PDF) (Charts)
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Last Modified Date: July 17, 2023