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Thursday, June 30, 2016

The Daily is released Monday to Friday at 8:30 a.m.
Eastern time, except during holidays.

Economic accounts

Gross domestic product by industry, April 2016

After decreasing in February and March, real gross domestic product edged up 0.1% in April. Widespread gains, notably in manufacturing, utilities and the public sector, were largely offset by a significant decline in non-conventional oil extraction.

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Payroll employment, earnings and hours, April 2016

Average weekly earnings of non-farm payroll employees were $956 in April, little changed from the previous month (-0.3%) and from 12 months earlier (+0.2%).

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Prices and price indexes

Industrial product and raw materials price indexes, May 2016

The Industrial Product Price Index increased 1.1% in May, mainly due to higher prices for energy and petroleum products. The Raw Materials Price Index rose 6.7%, led by a gain in prices for crude energy products.

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For-hire Motor Carrier Freight Services Price Index, first quarter 2016

The For-hire Motor Carrier Freight Services Price Index decreased 1.3% in the first quarter, largely reflecting falling fuel prices. This was the seventh consecutive quarterly decline.

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Couriers and Messengers Services Price Index, May 2016

The Couriers and Messengers Services Price Index (CMSPI) increased 0.8% in May. The couriers component rose 1.1%, while the local messengers and local delivery component decreased 0.3%.

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Business, consumer and property services

Food services and drinking places, April 2016

Sales in the food services and drinking places subsector rose 1.0% to $5.4 billion in April. Prices for food purchased from restaurants were up 2.7% year over year in April, following a 2.6% increase the previous month.

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