diff --git a/core/dbt/compilation.py b/core/dbt/compilation.py
index 207d973acf6..388713842ed 100644
--- a/core/dbt/compilation.py
+++ b/core/dbt/compilation.py
@@ -52,7 +52,9 @@ def print_compile_stats(stats: Dict[NodeType, int]):
         dbt.tracking.track_resource_counts(resource_counts)
 
     # do not include resource types that are not actually defined in the project
-    stat_line = ", ".join([pluralize(ct, t) for t, ct in stats.items() if ct != 0])
+    stat_line = ", ".join(
+        [pluralize(ct, t).replace("_", " ") for t, ct in stats.items() if ct != 0]
+    )
     fire_event(FoundStats(stat_line=stat_line))
 
 
@@ -77,6 +79,7 @@ def _generate_stats(manifest: Manifest) -> Dict[NodeType, int]:
     stats[NodeType.Macro] += len(manifest.macros)
     stats[NodeType.Group] += len(manifest.groups)
     stats[NodeType.SemanticModel] += len(manifest.semantic_models)
+    stats[NodeType.SavedQuery] += len(manifest.saved_queries)
     stats[NodeType.Unit] += len(manifest.unit_tests)
 
     # TODO: should we be counting dimensions + entities?
diff --git a/core/dbt/task/build.py b/core/dbt/task/build.py
index ef7365e0dda..d2a0f668302 100644
--- a/core/dbt/task/build.py
+++ b/core/dbt/task/build.py
@@ -21,7 +21,7 @@ class SavedQueryRunner(BaseRunner):
     # Stub. No-op Runner for Saved Queries, which require MetricFlow for execution.
     @property
     def description(self):
-        return self.node.unique_id
+        return f"saved query {self.node.name}"
 
     def before_execute(self):
         pass
diff --git a/core/dbt/task/printer.py b/core/dbt/task/printer.py
index dc8f4c483d1..8d6db2e35ba 100644
--- a/core/dbt/task/printer.py
+++ b/core/dbt/task/printer.py
@@ -33,11 +33,11 @@ def get_counts(flat_nodes) -> str:
         if node.resource_type == NodeType.Model:
             t = "{} {}".format(node.get_materialization(), t)
         elif node.resource_type == NodeType.Operation:
-            t = "hook"
+            t = "project hook"
 
         counts[t] = counts.get(t, 0) + 1
 
-    stat_line = ", ".join([pluralize(v, k) for k, v in counts.items()])
+    stat_line = ", ".join([pluralize(v, k).replace("_", " ") for k, v in counts.items()])
 
     return stat_line