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Productivity: Doves See Support
Second-quarter productivity was on the firm side, rising an annualized 1.6% from the first quarter (Consensus: +1.4%; Decision Economics: +1.2%), but hourly compensation was also relatively strong, at +3.3% (Consensus: +1.8%; Decision Economics: +2.5%), so that unit labor costs still overshot, rising 1.7% (Consensus: +0.4%; Decision Economics: +1.3%).
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Research Studies
DE | Sinai Economic and Market Perspectives | Seeds of A Sovereign Debt Crisis Planted – 02/03/21
Seeds of A Sovereign Debt Crisis Planted Allen Sinai* The U.S. and Global economies have undergone a fiscal/debt revolution of huge import from which there will be no turning away! The main catalysts are the read more
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