Minnesota had the lowest jobless rate in August 2022, 1.9 percent. The next lowest rates were in New Hampshire and Utah, 2.0 percent each. The rate in Louisiana, 3.5 percent, set a new low.read full article »
From August 2021 to August 2022, nonfarm payroll employment increased in 46 states and the District of Columbia and was essentially unchanged in 4 states. The largest percentage increases occurred in Texas (+5.7 percent) and Nevada (+5.0 percent), followed by Florida, Georgia, and New Jersey (+4.9 percent each).
U.S. export prices increased 10.8 percent from August 2021 to August 2022. Export agricultural prices advanced 12.1 percent over the past year, the smallest 12-month increase since January 2021. Higher soybeans prices were the largest contributor to the rise in agricultural prices over the past year.
U.S. import prices decreased 1.0 percent in August. Over the year, from August 2021 to August 2022, U.S. import prices increased 7.8 percent, the smallest 12-month increase since March 2021.
The Producer Price Index for final demand increased 8.7 percent from August 2021 to August 2022. Prices for final demand less foods, energy, and trade services increased 5.6 percent.