United States Congress Joint Economic Committee

Virginia

January 2017

Labor Market (BLS/Haver)
Most Recent Prior Month 12 Mo. Prior
Virginia Unemployment (U-3) 4.2% 4.1% 4.2%
U.S. Official Rate (U-3) 4.7% 4.6% 5.0%
U.S. "Real" Rate (U-6) 9.2% 9.3% 9.9%
Virginia Labor Force Participation Rate 64.8% 64.6% 64.9%
U.S. Labor Force Participation Rate 62.7% 62.6% 62.7%
Prices (BLS/Haver, AAA)
Most Recent Prior Month 12 Mo. Prior
CPI-U Inflation 2.1% 1.7% 0.7%
"Core" CPI Inflation 2.2% 2.1% 2.1%
National Gas/gal. Updated 1/20/17 3:38 AM $2.33 $2.25 $1.87
Virginia Gas/gal. $2.20 $2.13 $1.70
South Region: Loaf of Bread $1.38 $1.38 $1.42
South Region: Milk/gal. $3.54 $3.52 $3.77

Economic Growth (BEA, WSJ/Haver)
U.S. Real GDP
Q3/2016 (3rd Estimate)
3.5%
VA Real GDP
Q2/2016
0.7%
S&P 500 (YTD)
1.11% Updated 1/20/17 5:00 AM
Obamacare Premium Increases Updated 11/1/16
Nationwide 25.2%
Virginia 18.5%
Minimum Wage (DOL/WHD)
National Hourly Rate
$7.25
VA Hourly Rate
$7.25
Last Generated: 1/20/17 8:35 AM