Bureau of Labor Statistics
Each month the Bureau of Labor Statistics (BLS) puts out their Employment Situation report. Regular reader’s saw the Atlas note on it yesterday morning. This report covers two surveys: households and payrolls. Our nation’s unemployment rate is derived from the household survey. Each month the BLS lobs a call to 60,000 homes or so and asks those willing to ans
Prices paid by producers and wholesalers rose marginally in February 2019 according to the Bureau of Labor Statistics. Their Producer Price Index rose 0.1 percent after declining a similar amount in both December and January. Year-over-year, this price proxy is up 1.9 percent, declining modestly from 2.0 percent in January.
Prices paid by producers and wholesalers for final demand goods and services fell 0.2 percent in December 2018 according to the Bureau of Labor Statistics’ Producer Price Index (PPI). This decline followed upticks of 0.6 percent and 0.1 percent in October and November respectively. With all of the months counted, PPI rose 2.5 percent last year, matching 2017’s gain.
Prices fell for consumers during March 2018 according to the Bureau of Labor Statistics’ Consumer Price Index. Versus a month earlier, this popular measure of inflation fell 0.1 percent after rising 0.2 percent in February. Despite the monthly decline, the year-over-year statistic increased to 2.4 percent from 2.2 percent.
Prices paid by producers and wholesalers rose in November according to the Bureau of Labor Statistics. Their Producer Price Index (PPI) increased 0.4 percent in the penultimate month alone. This rapid monthly move pushed the year-over-year trend to 3.1 percent, up from 2.8 percent in October.
America’s labor market remained strong during November 2017 according to data from the Bureau of Labor Statistics. After adding 244,000 in October (downwardly revised from 268,000), employers increased payrolls by 228,000 in the penultimate month of the year. Our nation’s unemployment rate held steady at 4.1 percent, tied the lowest level since December 2000.
America’s productivity jumped from July through September of 2017 according to data from the Bureau of Labor Statistics (BLS). Output-per-labor-hour increased 3.0 percent on an annualized basis, doubling the prior quarter’s pace. This jump is the best quarterly improvement since the third quarter of 2014. Additionally, unit labor costs rose as employee compensation