Budget Chart BookAugust 18, 2022MAJOR COMPONENTS OF MANDATORY SPENDINGGordon Gray Disclaimer Gordon GrayFormer Vice President for Economic PolicyGordon Gray is the former Vice President for Economic Policy at the American Action Forum. Recent Posts Q2 2023 Budget Chart Book Fiscal Policy Outlook July, FY2023 Q2 2023 Budget Chart Book Snapshot 2022: $1,375 Billion Deficit Q2 2023 Budget Chart Book HIGHER THAN AVERAGE SPENDING AND TAXATION Q2 2023 Budget Chart Book MANDATORY SPENDING CROWDS OUT THE BUDGET 1972 Gordon GrayFormer Vice President for Economic PolicyGordon Gray is the former Vice President for Economic Policy at the American Action Forum.
Consumer Price Index June 2024 M/M Change: -0.1% Y/Y Change: +3.0% Measures the change in prices of all goods and services purchased for consumption by urban households.
Core Consumer Price Index June 2024 M/M Change: +0.1% Y/Y Change: +3.3% Consumer Price Index excluding food and energy.
Core Personal Consumption Expenditures Price Index June 2024 M/M Change: +0.2% Y/Y Change: +2.6% A measure of prices paid for goods and services excluding food and energy; the Federal Reserve’s preferred measure of inflation.
Producer Price Index June 2024 M/M Change: +0.2% Y/Y Change: +2.6% Measures the change in selling prices received by domestic producers of goods and services.
Initial Jobless Claims Week ending July 27, 2024 249,000 Change: +14,000 4-week Moving Average: 238,000 Weekly unemployment insurance claims reported by each state’s unemployment insurance program offices.
Consumer Sentiment July 2024 Index: 66.4 Change: -1.8 The core questions cover three broad areas of consumer sentiment: personal finances, business conditions, and buying conditions.
ADP Employment: June 2024 Change in U.S. Private Employment: +122,000 Measures change in private-sector employment using ADP payroll data covering more than half a million companies with more than 25 million employees.
Nondefense Capital Goods Orders Excluding Aircraft June 2024 $74.0B M/M Change: +1.0% Y/Y Change: -2.0% A new order is a communication of an intention to buy for immediate or future delivery.
New Residential Housing Starts June 2024 1,353,000 M/M Change: +3.0% Y/Y Change: -4.4% Privately owned housing starts; seasonally adjusted at an annual rate.
