Download the August 2022 Snapshot
- The unemployment rate fell, consumer spending was unchanged, and core CPI inflation over the month eased.
- Output declined in Q2. Drags on growth included inventories, consumer spending on food and gas, and residential investment. Spending on consumer services and exports increased.
- Real disposable income fell slightly in June. The level was below its trend growth path. Real consumer spending has been flat since October 2021. The personal saving rate was at a low level.
- Payroll employment grew at a strong pace and the unemployment rate fell.
- Core PCE inflation over the year increased slightly in June, while prices for food and energy prices were up sharply.
- Core CPI inflation over the month fell broadly in July.
- The 10-year Treasury yield fell, the S&P 500 stock index rose, and the dollar was stable.
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