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A data chart image of U.S. export prices fell 5.5 percent from August 2022 to August 2023
September 25, 2023

Prices for U.S. exports advanced 1.3 percent in August 2023, after increasing 0.5 percent the previous month. Despite the advance in August, U.S. export prices declined 5.5 percent over the past year.

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September 22, 2023
A data chart image of U.S. import prices fell 3.0 percent from August 2022 to August 2023

The price index for U.S. imports advanced 0.5 percent in August 2023, the largest monthly increase since May 2022. Despite the August increase, U.S. import prices fell 3.0 percent over the past year.

September 21, 2023
A data chart image of A look at consumer prices in back-to-school season

Many families may have recently purchased new books, laptops, shoes, sports goods, and musical instruments for their kids in preparation for the new school year. Prices for educational books and supplies (which consist of elementary, high school, and college textbooks and reference books) decreased 3.4 percent from August 2022 to August 2023 and were 1.4 percent higher in August 2023 than they were in August 2020.

September 20, 2023
A data chart image of Real average hourly earnings increased 0.5 percent from August 2022 to August 2023

Real average hourly earnings for all private, nonfarm employees increased 0.5 percent from August 2022 to August 2023. The change in real average hourly earnings combined with a decrease of 0.3 percent in the average workweek resulted in a 0.3-percent increase in real average weekly earnings over this period.

September 19, 2023
A data chart image of Final demand producer prices up 1.6 percent over the year ended August 2023

The Producer Price Index for final demand increased 1.6 percent (not seasonally adjusted) for the 12 months ended in August 2023. The 12-month percent change in total final demand prices was 0.1 percent in June and 0.8 percent in July 2023. A year earlier, in August 2022, final demand producer prices had increased 8.7 percent in the preceding 12 months.

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