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Economic News Releases

LATEST RELEASES

MAJOR ECONOMIC INDICATORS

Consumer Price Index

In February, the Consumer Price Index for All Urban Consumers increased 0.4 percent, seasonally adjusted, and rose 3.2 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.4 percent in February (SA); up 3.8 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 275,000 in February, and the unemployment rate increased to 3.9 percent. Job gains occurred in health care, in government, in food services and drinking places, in social assistance, and in transportation and warehousing.

(PDF) (Charts)

Producer Price Index

The Producer Price Index for final demand rose 0.6 percent in February. Prices for final demand goods advanced 1.2 percent, and the index for final demand services moved up 0.3 percent. Prices for final demand advanced 1.6 percent for the 12 months ended in February.

(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 0.4 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 1.3 percent and unit labor costs increased 5.3 percent.

(PDF) (Charts)

Real Earnings

Real average hourly earnings for all employees decreased 0.4 percent in February, seasonally adjusted. Average hourly earnings increased 0.1 percent, and CPI-U increased 0.4 percent. Real average weekly earnings were unchanged.

(PDF)

U.S. Import and Export Price Indexes

Prices for U.S. imports advanced 0.3 percent in February following an increase of 0.8 percent in January. U.S. export prices rose 0.8 percent in February, after a 0.9-percent advance the previous month. Over the past year, import prices fell 0.8 percent and export prices declined 1.8 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: July 17, 2023