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Economic News Releases



Consumer Price Index

In March, the Consumer Price Index for All Urban Consumers rose 0.6 percent on a seasonally adjusted basis; rising 2.6 percent over the last 12 months, not seasonally adjusted. The index for all items less food and energy increased 0.3 percent in March (SA); up 1.6 percent over the year (NSA).

(PDF) (Charts)

Employment Cost Index

Compensation costs increased 0.7 percent for civilian workers, seasonally adjusted, from September 2020 to December 2020. Over the year, total compensation rose 2.5 percent, wages and salaries rose 2.6 percent, and benefit costs rose 2.3 percent.

(PDF) (Charts)

Employment Situation

Total nonfarm payroll employment rose by 916,000 in March, and the unemployment rate edged down to 6.0 percent. These improvements in the labor market reflect the continued resumption of economic activity that had been curtailed due to COVID-19. Job growth was widespread in March.

(PDF) (Charts)

Producer Price Index

The Producer Price Index for final demand rose 1.0 percent in March, as prices for final demand goods advanced 1.7 percent, and the index for final demand services moved up 0.7 percent. The final demand index increased 4.2 percent for the 12 months ended in March.

(PDF) (Charts)

Productivity and Costs

Productivity decreased 4.2 percent in the nonfarm business sector in the fourth quarter of 2020; unit labor costs increased 6.0 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 5.0 percent and unit labor costs decreased 8.8 percent.

(PDF) (Charts)

Real Earnings

Real average hourly earnings for all employees decreased 0.8 percent over the month in March, seasonally adjusted. Average hourly earnings decreased 0.1 percent and CPI-U increased 0.6 percent. Real average weekly earnings increased 0.1 percent over the month.


U.S. Import and Export Price Indexes

Prices for U.S. imports increased 1.2 percent in March following a 1.3-percent advance in February. Export prices rose 2.1 percent in March, after increasing 1.6 percent the previous month. Over the past year, import prices advanced 6.9 percent and export prices rose 9.1 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: April 8, 2021