U.S. Economy in a Snapshot

U.S. Economy in a Snapshot is a monthly presentation designed to give you a quick and accessible look at developments in the economy.
Overview of the March 2023 Snapshot
  • GDP growth was strong in Q4. Consumption and inventories were substantial contributors to growth. Residential investment spending was a large drag on growth, while private nonresidential investment spending was flat.
  • Consumer spending rose in January, after stalling in November and December. Real disposable income jumped in January, helped by the inflation adjustment to social security and tax brackets. Manufacturing activity rose in January. January housing starts were down sharply over the year.
  • Payroll growth was solid in February. The unemployment rate rose from a very low level. The increase in hourly earnings, measured over the year, moved higher in February, but was still below the rate recorded in December.
  • Core PCE inflation over the year ticked up in January. Housing inflation remained high. Food inflation moderated, but prices were up substantially relative to pre-pandemic levels.
Download the March 2023 Snapshot 

We post accompanying data for the charts, if permitted, with the intent to expand the series to the fullest extent possible.

Read more about the launch of the series: Just Released: U.S. Economy in a Snapshot, Liberty Street Economics, June 2015.

2023 Release Dates
Released by 11:00 a.m.

Jan 13   
Feb 10   
Mar 10*   
Apr 14
May 12
Jun 16
Jul 14
Aug 11
Sep 8
Oct 13
Nov 10
Dec 15
*Released at or shortly after 12 p.m.

About the New York Fed's Snapshot
U.S. Economy in a Snapshot, produced by the Research Group of the New York Fed, is designed to provide a tight yet comprehensive overview of current economic and financial developments. This monthly packet presents charts and commentary on a broad range of topics that include labor and financial markets, the behavior of consumers and firms, and the global economy. What’s more, Snapshot aims to cover special topics such as movements in commodity prices, developments in the Second District, or findings from the New York Fed Survey of Consumer Expectations.
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