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 July 2016 Snapshot
  • After very strong growth in April, real consumer spending returned to a more steady, but still solid, pace in May.
  • Following declines in 2015Q4 and 2016Q1, the outlook for business equipment remains weak.
  • Indicators provided mixed signals about the state of manufacturing, while the tone of the May housing data suggests the sector continued on a very gradual uptrend. The renewed appreciation of the dollar could further restrain manufacturing activity and lead to weaker conditions in the sector.
  • Payroll growth rebounded in June. The unemployment rate rose and the employment-population ratio declined, while the labor force participation rate increased. Aggregate compensation measures generally indicate that wage growth remained fairly restrained.
  • Both headline inflation and core inflation appear to have stabilized, although at levels that continue to run below the FOMC’s longer-term objective.
  • Financial market volatility increased following the Brexit vote. Longer-term sovereign yields fell. The U.S. yield curve and market-implied fed funds rate path flattened. Equity prices recovered and reached new nominal highs.
Download the July 2016 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
2016 Release Dates
Released at 10:00 a.m
January 18  February 16  March 21 
April 11  May 19   June 20  
July 18   August 15 September 12
 October 17 November 14 December 19  
 
 
Contact Us
If you have questions about U.S. Economy in a Snapshot, submit them by email to research.publications@ny.frb.org.
About the New York Fed’s Snapshot

U.S. Economy in a Snapshot, produced by the Research Function 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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