Sentences with phrase «unit labor costs»

Unit labor costs rose 1.7 percent compared to the second quarter of 2014.
Meanwhile, adjusted for productivity gains, unit labor costs show a rise of just 1 % overall and they are falling at 0.5 % annualized rate for industry excluding construction.
But, it also implies higher unit labor costs and somewhat firmer inflation in 2014.
Most economists expected the government to revise unit labor costs up and productivity down for the fourth quarter because fourth quarter readings on gross domestic product were also sharply revised down.
Inflation excluding food and energy, however, has been quite moderate, in part due to very modest growth in unit labor costs.
That would temporarily boost the area's competitive position on world markets because it would amplify the advantages of declining unit labor costs.
With the economy already at full employment and more and more signs of higher wage and unit labor cost inflation, the risks are rising that it will be PCE moving up to CPI.
So Germany's low unit labor costs are not simply the result of high technological productivity.
US worker productivity is falling, as well, as unit labor costs rise.
Revised Q3 data show labor productivity among nonfarm firms rose 3.0 % annualized in the quarter and unit labor costs fell 1.5 %.
But the quarterly data mask a clear slowing trend in productivity this year (0.3 % y / y) and a pickup in unit labor costs (2.1 %).
Chart 5 below highlights that despite its well - known productivity growth, unit labor costs are on the rise as wage growth has outpaced that of productivity.
«If data is analyzed in year - over-year fashion, non-farm business productivity improved 1.3 % year - over-year, and unit labor costs were up 1.1 % year - over-year.
It could be that other countries» productivity gains in steel production have been greater than ours, or their labor costs are lower, i.e., our unit labor costs are not so competitive.
In addition, unit labor costs have declined sharply over the past year due to the combination of unusually rapid productivity growth and slowing labor compensation growth (Chart 28).
Despite some recent slowing, unit labor costs have grown at a significantly greater rate, in recent quarters, than output prices as measured by the GDP deflator.
Unit labor costs, the price of labor per single unit of output, fell at a 1.4 percent rate in the second quarter, rather than increasing at a 0.5 percent rate as previously reported.
Average hourly earnings have grown at 4.22 % over the past year, and even taking productivity into account, unit labor costs have grown at 2.85 %.
From a year earlier, unit labor costs are up 1.9 % — running ahead of the increase in consumer prices.
Investors received a big batch of economic data on Thursday that included the preliminary readings for first quarter Productivity and Unit Labor Costs, the March Trade Balance report, weekly Initial Claims, March Factory Orders, and the ISM Services Index for April:
Meanwhile, unit labor costs, a key gauge of inflationary pressure, declined at a 0.6 % annual pace last quarter.
0.9 %) and Unit Labor Costs (2.7 % vs. exp.
The improved employment situation supported by rising unit labor costs is pushing the core inflation rate higher.
Business sector: Labor productivity, hourly compensation, unit labor costs, and prices, seasonally adjusted; Table 2.
The improved employment situation supported by rising unit labor costs is pushing the core inflation rate higher.
at the time that the U.K. office for National Statistics (ONS) will supposedly issue corrections because it made a mistake when calculating the U.K.'s unit labor costs.
Having said that, the pound hit the ground running as bulls began bidding the pound higher when the new trading week opened, thanks to news over the weekend that Theresa May plans to reshuffle her cabinet in order to have firmer control in government, as well as rumors making the rounds at the time that the U.K. office for National Statistics (ONS) will supposedly issue corrections because it made a mistake when calculating the U.K.'s unit labor costs.
Unit labor costs, an important component of core inflations, are rising at more than 3 %.
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