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
NAR: Pending Home Sales Increase 3.4% in March; Up 0.1% Year-over-year
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From the NAR: Pending Home Sales Ascended 3.4% in March
*Pending home sales in March climbed 3.4%*, according to the National
Association of REALTORS®. The...
1 hour ago
2 comments:
bonus points for the excellent reference to the conchords . . .
Troy,
Bonus points accepted! :)
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