Sentences with phrase «wage growth picked»

The pace of aggregate wage growth picked up from 2003 until 2008.

Regardless, there are many catalysts: a tight labor market, wage growth picking up, a stock market at or near record highs, housing values rising quickly, high commercial real estate prices, low cap rates and narrow credit spreads.

Not exact matches

Unless investment in the oil patch picks up, wage growth could continue to be underwhelming.

«While energy inflation should pick up again towards the middle of this year, it should start to slow towards year - end... And with wage growth still muted, a marked pick - up in service inflation is not on the cards,» said Marcel Thieliant, senior Japan economist at Capital Economics.

One key piece of evidence that inflation is about to pick up is wage growth.

«With the unemployment rate at 4.7 %, wage growth clearly picking up, and financial conditions much easier, there is likely a limit to how long the Fed's pause can last,» Goldman Sachs economists Jan Hatzius and Zach Pandl wrote in a recent note to clients.

Because wage growth is picking up — he expects incomes to expand by 3 % next year, up from 2 % this year — and there are a lot of young people who have put off home ownership and are now itching to get out of their parents» abodes.

Australia's central bank mapped out a steady course for rates at its first meeting of 2018 this month, and indicated a pick - up in wage growth was necessary to ensure a much - needed recovery in inflation.

Jed Kolko, chief economist with employment website Indeed.com, was more optimistic that wage growth is picking up nationally, noting that the tighter labor market was putting pressure on employers to pay more.

This should lead to some pick - up in wage growth, although we expect this to be a gradual process given the structural factors at work that I have spoken about on previous occasions.

If the profit recovery continues on its current trajectory — as many indicators suggest — wage growth is likely to pick up.

Potenza: Sustained wage growth is necessary for inflation to pick up.

While the economy has picked up from last year, overall spending is being crimped by stagnant wage growth and rising costs for healthcare and education, according to the consultant.

(Another good question, which I won't get into, asks about regional variation in wage growth; outside of states hit by the fall in energy prices, moodys.com reports that wages have picked up in most parts of the country.)

Ultimately, we see the dollar weakening against the euro as real rates in the Euro Zone become more positive and strengthen versus the yen because inflation in Japan is picking up due to accelerating wage growth.

A further moderation to about 160,000 is expected in 2018, but average wage growth of 2.5 % could pick up as businesses continue to struggle to attract and retain employees.

However, so far in this cycle, wage growth (the more critical metric) has been slow to pick up.

To recall, in the 2003 - 07 cycle, we experienced persistent depreciation in the trade - weighted dollar, a pick - up in wage growth, higher commodity prices and higher non-commodity producer price index (PPI) inflation in China.

In the United States, some improvement in wage growth should help the economy pick up in the back half of the year.

Contained nominal wage growth is good if you worry about inflation picking up... but inflation has already picked up to almost match nominal wage growth, squeezing real wages to nearly zero growth.

But part of the adjustment occurred via a pick - up in the pace of wage growth, at a time when labour productivity growth was relatively slow.

More recently, wage growth has shown signs of stabilisation, with growth in the private sector wage price index unchanged for the past six quarters, while a broader measure of wage pressures, the growth in average earnings per hour, has picked up of late.

With Japan's unemployment rate now at its lowest in 23 years, moreover, wage growth should gradually pick up, further helping the country break out of its pattern of deflation.

These members felt that there was insufficient evidence so far that domestic costs, in particular wage growth, would pick up in line with the Inflation Report's central projection.

The effects of rising import prices on inflation diminish over the next few years, and domestic inflationary pressures gradually pick up as spare capacity is absorbed and wage growth recovers.

In short, the RBA is not too confident that wage growth will pick up and how the positive impact of stronger wage growth will be on inflation, which reinforces the idea that the RBA won't be hiking anytime soon.

«Much faster price and rent appreciation — easily exceeding wage growth — will occur next year unless new construction picks up measurably.»

Meanwhile, borrowing costs are picking up and property - price appreciation continues to outpace wage growth.

«Recent employment data is starting to show some pick - up in wage growth as the labor market edges near full employment,» adds Yun.

«Even a pick - up in wage growth may be insufficient to compensate the impact of higher mortgage rates and home prices,» says Yun.