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 August 2016 Snapshot
  • Growth of real personal consumption expenditures was robust in 2016Q2.
  • Business equipment spending remains weak and fell in 2016Q2, following declines in 2016Q1 and 2015Q4.
  • Manufacturing showed signs of improvement in June, while the June housing data indicated that the sector was on a very gradual uptrend. Housing starts and permits have been fairly flat recently, raising some question about the extent of any rebound in residential investment after its decline in 2016Q2.
  • Payroll growth was solid again in July. The unemployment rate was unchanged, while the employment-population ratio and labor force participation rate increased.
  • Both headline inflation and core inflation remained fairly stable at levels below the FOMC’s longer-term objective.
  • The Bank of England moved to a more accommodative policy stance in response to signs of weakness following the Brexit vote. While economies outside the U.K. have shown little impact from the vote, there remain ongoing concerns about the global growth outlook.
Download the August 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.