Economic News Releases
MAJOR ECONOMIC INDICATORS
In June, the Consumer Price Index for All Urban Consumers rose 0.9 percent on a
seasonally adjusted basis; rising 5.4 percent over the last 12 months, not
seasonally adjusted. The index for all items less food and energy increased 0.9
percent in June (SA); up 4.5 percent over the year (NSA).
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.
Total nonfarm payroll employment rose by 850,000 in June, and the unemployment rate was
little changed at 5.9 percent. Notable job gains occurred in leisure and hospitality,
public and private education, professional and business services, retail trade, and
The Producer Price Index for final demand increased 1.0 percent in June, as prices for final
demand services rose 0.8 percent and the index for final demand goods moved up 1.2 percent.
The final demand index advanced 7.3 percent for the 12 months ended in June.
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.
Real average hourly earnings for all employees decreased 0.5 percent in June, seasonally adjusted. Average hourly earnings increased 0.3 percent and CPI-U increased 0.9 percent. Real average weekly earnings decreased 0.9 percent over the month.
Prices for U.S. imports increased 1.0 percent in June following a 1.4-percent advance in
May. Export prices rose 1.2 percent in June, after increasing 2.2 percent the previous
month. Over the past year, import prices advanced 11.2 percent and export prices rose
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Last Modified Date: May 28, 2021