Worker Productivity

Fundamentals 8/9: Consumer Was Improving Just Before Downgrade (CHART)

Productivity and Costs -2Q2011 Worker Productivity (GDP/hour worked) down 0.3% (annualized) –Full report -2Q2011 unit labor costs in nonfarm businesses up 2.2% -Graph below: Worker Productivity (grey bars), Unit Labor Cost (solid blue line) Consumer Metrics This is presented here because the computerized nature of this makes it almost real time. This is a chart