A post by @DeItaone on X.
US PRODUCTIVITY SURGES IN Q3, BEATING EXPECTATIONS AS LABOR COSTS FALL
@DeItaone on X
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Unit labor costs fell 0.7% over the same period, underscoring easing wage-driven inflation pressure. The combination of faster output per worker and declining labor costs matters because it supports the disinflation narrative and gives the Federal Reserve more room to ease policy without reigniting price pressures. Investors will watch whether the productivity gain persists into Q4 and how it feeds into upcoming inflation and employment data.
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Named in this story
US nonfarm business productivity, unit labor costs, Walter Bloomberg