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Economic News Releases

LATEST RELEASES

MAJOR ECONOMIC INDICATORS

Consumer Price Index

In May, the Consumer Price Index for All Urban Consumers rose 0.6 percent (seasonally adjusted); rising 5.0 percent over the last 12 months (not seasonally adjusted). The index for all items less food and energy increased 0.7 percent in May (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 December 2020 to March 2021. Over the year, total compensation rose 2.6 percent, wages and salaries rose 2.7 percent, and benefit costs rose 2.5 percent.

(PDF) (Charts)

Employment Situation

Total nonfarm payroll employment rose by 559,000 in May, and the unemployment rate declined by 0.3 percentage point to 5.8 percent. Notable job gains occurred in leisure and hospitality, in public and private education, and in health care and social assistance.

(PDF) (Charts)

Producer Price Index

The Producer Price Index for final demand increased 0.6 percent in April, as prices for both final demand services and final demand goods also rose 0.6 percent. The final demand index advanced 6.2 percent for the 12 months ended in April.

(PDF) (Charts)

Productivity and Costs

Productivity increased 5.4 percent in the nonfarm business sector in the first quarter of 2021; unit labor costs increased 1.7 percent (seasonally adjusted annual rates). In manufacturing, productivity decreased 1.7 percent and unit labor costs increased 10.7 percent.

(PDF) (Charts)

Real Earnings

Real average hourly earnings for all employees decreased 0.2 percent in May, seasonally adjusted. Average hourly earnings increased 0.5 percent and CPI-U increased 0.6 percent. Real average weekly earnings decreased 0.1 percent over the month.

(PDF)

U.S. Import and Export Price Indexes

Prices for U.S. imports increased 0.7 percent in April following a 1.4-percent advance in March. Export prices rose 0.8 percent in April, after increasing 2.4 percent the previous month. Over the past year, import prices advanced 10.6 percent and export prices rose 14.4 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: May 28, 2021