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
Real Estate Newsletter Articles this Week: National House Price Index Up
6.4% year-over-year in February
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At the Calculated Risk Real Estate Newsletter this week:
• Case-Shiller: National House Price Index Up 6.4% year-over-year in
February
• Inflation Adjuste...
17 hours ago
2 comments:
bonus points for the excellent reference to the conchords . . .
Troy,
Bonus points accepted! :)
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