The producer price index was expected to decrease 0.1% in December, according to Dow Jones estimates.
In the first quarter of 2022, the uninsured rate dropped to an all-time low of 8%, according to the report.
Consumers pulled back on spending in November, failing to keep up with even a muted level of inflation.
The U.S. unemployment rate remained unchanged at 3.7% in November.
Pending home sales suffered a worse decline than expected from August to September, as mortgage rates surged.