The following chart shows the 1-year moving average of real compensation per hour in the nonfarm business sector.
Click to enlarge.
Should the trend hold, we're roughly 10% off the ultimate peak.
Source Data:
St. Louis Fed: Nonfarm Business Sector: Real Compensation Per Hour
Leading Index for Commercial Real Estate Increased 6% in April
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From Dodge Data Analytics: Dodge Momentum Index Rose 6% in April
The Dodge Momentum Index (DMI), issued by Dodge Construction Network,
increased 6.1% in Ap...
2 hours ago
2 comments:
bonus points for the excellent reference to the conchords . . .
Troy,
Bonus points accepted! :)
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