Cooling extends beyond wage growth: Recent annual, six-month, and quarterly changes in key economic indicators

Gross domestic product Average hourly earnings Core price deflator, personal consumption expenditures Residential investment Nonresidential fixed investment
Annual changes
2016 1.6% 2.6% 1.3% 6.5% 0.7%
2017 2.4% 2.6% 1.3% 3.5% 4.4%
2018 2.9% 3.0% 1.6% -1.5% 6.4%
Latest six-month change 2.6% 2.9% 1.6% -1.3% 1.9%
Latest quarterly change 2.1% 2.7% 1.5% -1.5% -0.6%

Sources: GDP and investment data are from the Bureau of Economic Analysis National Income and Product Accounts, Tables 1.1.3 and 2.3.4. Earnings and personal consumption data are from the Bureau of Labor Statistics Current Employment Statistics.

View the underlying data on epi.org.