BLS Insight
BLS · BEA · U.S. Census Bureau data · Updated 2026-11-10

U.S. Economic Data Snapshot for October 2026

The latest releases span different reference periods: BLS labor and CPI through October 2026, BEA income and spending through September 2026, Census retail sales through September 2026, and BEA output data through 2026-Q3. Each is labeled separately rather than combined into one figure.

Latest labor and CPI observations: October 2026 · Data changed 2026-11-10

At a glance

Unemployment rate

4.1%-0.1 percentage points month over monthOctober 2026 · Seasonally adjusted

Nonfarm payroll employment

159,293k+165k month over monthOctober 2026 · Seasonally adjusted

Consumer Price Index

337.5n/a year over yearOctober 2026 · Not seasonally adjusted

Personal income

$27.7T+0.2% month over monthSeptember 2026 · BEA · level series

Consumer spending

$22.5T+0.5% month over monthSeptember 2026 · BEA · level series

Retail sales

$652.1B+0.7% month over monthSeptember 2026 · Census · seasonally adjusted

Real gross domestic product

$24.6T+0.8% quarter over quarter2026-Q3 · BEA · chained dollars

PCE price index

131.7+0.5% quarter over quarter2026-Q3 · BEA · index level

What changed in October 2026

Unemployment: The unemployment rate fell by 0.1 percentage points from May to 4.1% in October 2026. Compared with October 2025, it is not available.

Payrolls: Total nonfarm payroll employment increased by 165 thousand from May. Over the latest three months, payroll employment changed by +411 thousand; over 12 months, it changed by +885 thousand.

Prices: The all-items CPI increased 0.2% from May and was n/a higher than a year earlier. CPI is an index, not a percent; the percentage changes on this page are calculated from the published index values.

Income, spending, and retail: In September 2026, personal income was $27.7T and personal consumption expenditures were $22.5T. Their prior-month changes were +0.2% and +0.5%. Census retail sales were $652.1B, +0.7% from the prior month.

Output and PCE prices: In 2026-Q3, real gross domestic product was $24.6T and +0.8% from the prior quarter. The PCE price index was 131.7, +0.5% from the prior quarter. These quarterly observations are not substituted for the newer monthly releases.

Data-guided summary

In October 2026, the unemployment rate fell from the prior month and was unchanged than a year earlier. Nonfarm payroll employment increased from the prior month and increased over the latest three months. The Consumer Price Index increased from the prior month and was unchanged than a year earlier.

These measures describe different parts of the economy and should be read with their definitions and release methods.

Generated locally from verified directional facts · Ollama · qwen3:30b-a3b-instruct-2507-q4_K_M

What these measures mean

Unemployment rate

The share of the civilian labor force that is unemployed and actively looking for work. This monthly series is seasonally adjusted.

Nonfarm payroll employment

The number of employees on nonfarm payrolls, reported here in thousands of persons. This monthly series is seasonally adjusted.

Consumer Price Index

An index of prices paid by urban consumers for a market basket of goods and services. The all-items series used here is not seasonally adjusted.

BEA income, spending, and output

BEA supplies the personal income, personal consumption expenditures, real gross domestic product, and PCE price index lines used here. Monthly and quarterly series retain their original reference periods.

Census retail sales

The Census economic indicators API supplies the selected national monthly retail-sales category. It is presented separately from BEA personal consumption expenditures.

Latest data by source

Each table retains its source series and reference period. Changes are calculated only within the same series.

Unemployment rate

PeriodValueChange from prior month
October 20264.1%-0.1 percentage points
September 20264.2%+0.1 percentage points
August 20264.1%+0 percentage points
July 20264.1%-0.1 percentage points
June 20264.2%-0.1 percentage points
May 20264.3%+0 percentage points
April 20264.3%+0 percentage points
March 20264.3%-0.1 percentage points
February 20264.4%+0.1 percentage points
January 20264.3%-0.1 percentage points
December 20254.4%-0.1 percentage points
November 20254.5%n/a
September 20254.4%+0.1 percentage points

Nonfarm payroll employment

PeriodValueChange from prior month
October 2026159,293 thousand+165 thousand
September 2026159,128 thousand+60 thousand
August 2026159,068 thousand+186 thousand
July 2026158,882 thousand-10 thousand
June 2026158,892 thousand+31 thousand
May 2026158,861 thousand+63 thousand
April 2026158,798 thousand+148 thousand
March 2026158,650 thousand+214 thousand
February 2026158,436 thousand-156 thousand
January 2026158,592 thousand+160 thousand
December 2025158,432 thousand-17 thousand
November 2025158,449 thousand+41 thousand
October 2025158,408 thousand-140 thousand

Consumer Price Index

PeriodValueChange from prior month
October 2026337.5+0.6 index points
September 2026336.9+2 index points
August 2026335+1.1 index points
July 2026333.9-0 index points
June 2026334-1.2 index points
May 2026335.1+2.1 index points
April 2026333+2.8 index points
March 2026330.2+3.4 index points
February 2026326.8+1.5 index points
January 2026325.3+1.2 index points
December 2025324.1-0.1 index points
November 2025324.1n/a
September 2025324.8+0.8 index points

Personal income (BEA)

PeriodValueChange from prior period
September 2026$27,707,845 million+0.2%
August 2026$27,653,372 million+0.3%
July 2026$27,570,024 million+0.3%
June 2026$27,479,311 million+0.2%
May 2026$27,417,104 million+0.7%
April 2026$27,219,334 million+0.1%
March 2026$27,188,124 million+0.7%
February 2026$27,009,938 million+0.1%
January 2026$26,973,497 million+0.6%
December 2025$26,813,567 million+0.3%
November 2025$26,731,371 million+0.4%
October 2025$26,627,710 million+0.1%
September 2025$26,604,910 million+0.4%

Personal consumption expenditures (BEA)

PeriodValueChange from prior period
September 2026$22,452,780 million+0.5%
August 2026$22,339,658 million+0.9%
July 2026$22,146,038 million+0.2%
June 2026$22,095,481 million+0.3%
May 2026$22,027,178 million+0.8%
April 2026$21,856,874 million+0.8%
March 2026$21,692,919 million+0.9%
February 2026$21,501,952 million+0.6%
January 2026$21,383,079 million+0.2%
December 2025$21,336,049 million+0.3%
November 2025$21,274,206 million+0.4%
October 2025$21,196,365 million+0.3%
September 2025$21,126,488 million+0.5%

Retail sales (U.S. Census Bureau)

PeriodValueChange from prior period
September 2026$652,115 million+0.7%
August 2026$647,440 million+1.3%
July 2026$639,263 million-0.5%
June 2026$642,793 million+0.1%
May 2026$641,883 million+1%
April 2026$635,221 million+0.5%
March 2026$631,907 million+1.9%
February 2026$620,373 million+0.9%
January 2026$614,871 million-0.7%
December 2025$619,122 million+0.2%
November 2025$618,029 million+0.7%
October 2025$613,900 million-0%
September 2025$614,111 million+0.1%

Real gross domestic product (BEA)

PeriodValueChange from prior period
Q3 2026$24,611,077 million chained dollars+0.8%
Q2 2026$24,408,011 million chained dollars+0.6%
Q1 2026$24,274,383 million chained dollars+0.6%
Q4 2025$24,125,479 million chained dollars+0.1%
Q3 2025$24,112,966 million chained dollars+1%
Q2 2025$23,884,563 million chained dollars+1%
Q1 2025$23,650,213 million chained dollars+0%
Q4 2024$23,641,759 million chained dollars+0.6%
Q3 2024$23,501,760 million chained dollars+0.8%
Q2 2024$23,320,074 million chained dollars+0.9%
Q1 2024$23,115,975 million chained dollarsn/a

PCE price index (BEA)

PeriodValueChange from prior period
Q3 2026131.7+0.5%
Q2 2026131+1.2%
Q1 2026129.4+1%
Q4 2025128.1+0.7%
Q3 2025127.2+0.6%
Q2 2025126.4+0.6%
Q1 2025125.7+0.8%
Q4 2024124.7+0.6%
Q3 2024123.9+0.4%
Q2 2024123.4+0.6%
Q1 2024122.6n/a

Methodology and sources

Official source documentation: U.S. Bureau of Labor Statistics Public Data API · U.S. Bureau of Economic Analysis API · U.S. Census Bureau Economic Indicators Time Series API.

Changes are calculated from saved observations within the same source series. Monthly and quarterly releases keep their original reference periods and are not merged into a single composite indicator. The local AI summary receives verified directional facts only; output containing new numbers, causal explanations, forecasts, recommendations, or unverified claims is rejected.

Coverage in this report runs from January 2024 through October 2026. BLS, BEA, and Census can revise historical estimates. This report is informational and is not investment, employment, or policy advice.

Frequently asked questions

What was the U.S. unemployment rate in October 2026?

The U.S. unemployment rate was 4.1% in October 2026. This is the seasonally adjusted BLS series.

How much did nonfarm payroll employment change in October 2026?

Total nonfarm payroll employment changed by +165 thousand from the prior month, reaching 159,293 thousand persons in October 2026.

What was the CPI inflation rate in October 2026?

The all-items Consumer Price Index was n/a from a year earlier in October 2026. The index level was 337.5.