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
Energy expenditures as a percentage of PCE
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During the early stages of the pandemic, energy expenditures as a
percentage of PCE hit an all-time low of 3.3% of PCE. Then energy
expenditures increased ...
3 hours ago
2 comments:
bonus points for the excellent reference to the conchords . . .
Troy,
Bonus points accepted! :)
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