» Productivity: Doves See Support Decision Economics

Productivity: Doves See Support

Posted August 8, 2012 by Editor

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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