Daily briefing · August 5, 2026

Today's Economic Brief

The latest official readings show consumer-price growth at 3.7%, unemployment at 4.2%, annualized real GDP growth at 1.5%. New releases and revisions can change that picture.

What changed

BLS · Aug 4, 2026

Major Economic Indicators Latest Numbers

Consumer Price Index (CPI): -0.4% in Jun 2026 News Release Historical Data Unemployment Rate: 4.2% in Jun 2026 News Release Historical Data Payroll Employment: +57,000(p) in Jun 2026 News Release Historical Data Average Hourly...

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BEA · Aug 4, 2026

U.S. International Trade in Goods and Services, June 2026

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Cleveland Fed · Aug 4, 2026

The “Low-Hire, Low-Fire” Labor Market

Hires and quits have been low during the strong labor market over the past year or so, when layoffs have also been low. This combination is likely a continuation of long-term trends and not something unique to the current period.

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Why it matters

Consumer-price growth is 3.7%, up 1.3 percentage points from May 2025.
Unemployment rate is 4.2%, down 0.1 percentage points from May 2025.
Federal funds rate is 3.63%, down 0.7 percentage points from Aug 2025.

These comparisons describe published observations; they do not assign causes.

What comes next

Thu, Aug 6 at 8:30 AM ETProductivity and CostsBLS
Fri, Aug 7 at 8:30 AM ETEmployment SituationBLS
Wed, Aug 12 at 8:30 AM ETConsumer Price IndexBLS
Wed, Aug 12 at 8:30 AM ETReal EarningsBLS
Thu, Aug 13 at 8:30 AM ETProducer Price IndexBLS