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 May 2022 Snapshot
  • Hourly wage growth moderated, real disposable income continued to trend down, and the saving rate fell.
  • Output declined in Q1. The drop was due to drags from inventory investment and net exports. Consumer purchases grew at a solid pace, with higher spending on services and no change in spending on goods. Business spending on equipment picked up.
  • Real disposable income dipped again in March. The level was below its trend growth path. Real consumer spending was near its trend path, but has been growing at a slower pace since October. The saving rate fell to more than a percentage point below pre-pandemic levels.
  • Payroll employment continued to grow at a solid pace in April, the unemployment rate was unchanged, and the employment-to-population ratio fell slightly.
  • Monthly core PCE inflation slowed over the course of Q1, although CPI data suggest a pickup in April.
  • The 10-year Treasury yield rose with a higher expected path of short-term interest rates. The S&P 500 stock index declined over the month, putting it significantly down since the start of the year. The market-implied federal funds rate path shifted up.
Download the May 2022 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

2022 Release Dates
Released by 11:00 a.m.

Jan 14*   
Feb 11   
Mar 18   
Apr 8   
May 13   
Jun 17
Jul 15
Aug 12
Sep 9
Oct 14
Nov 10
Dec 16
*To be released at 3pm

2021 Released Reports
2020 Released Reports
2019 Released Reports
2018 Released Reports
2017 Released Reports
2016 Released Reports
2015 Released Reports
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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