Worker Productivity Up in Q4; Costs Above Expectations

Sign Up to Receive an Email Alert when Flash Headlines are Published

 

Economic Update: Nonfarm Productivity and Unit Labor Costs

The government reported U.S. Nonfarm Productivity in the fourth quarter of 2011 rose by +0.7%, which was in line with the estimates for reading of +0.7% but below Q3’s +2.3% (Q2: -0.1%, Q1 2011: +0.6%, Q4: +2.6%, Q3: +2.4%, Q2: +1.9, Q1 2010: +3.9%).

On the inflation front, Unit Labor Costs rose by +1.2% versus the expectations for +0.7% and Q3’s +2.2% (Q2: +2.8%, Q1 2011: +4.8%, Q4’s reading was -1.0%).

Recall that Unit Labor Costs are a closely watched measure of wage inflation.

 

Remember, you are in control your email alerts! You can receive alerts for more than 25 free research report alerts including: The “10.0” Report, The Insiders Report, ETF Leaders Report, and The Focus List.