Written by Steven Hansen Year-over-year export and import price deflation continues. Import prices have deflated year-over year for 19 of the last 20 months.
Tag Archives: BLS
BLS Jobs Situation Above Expectations in February 2014
Written by Steven Hansen The February 2014 BLS jobs report headlines were better than expected. But the unadjusted data says this report is mediocre. As I am a trend person, the growth trend lines are decelerating.
Productivity 4Q2013 (Final): Productivity Up Less, Labor Costs Down Less
Written by Steven Hansen A simple summary of this release is that the rate of productivity growth is up , whilst the rate of growth of labor costs is contracting. However, this final report has significantly reduced the productivity growth and labor cost contraction.
February 2014 ADP Job Growth at 139,000
Written by Steven Hansen ADP reported February 2014 non-farm private jobs growth at 139,000 – again weaker than previous months – with a significant reduction in last months jobs gain.
Export / Import Price Deflation Continues in January 2014
Written by Steven Hansen Year-over-year export and import price deflation continues. Import prices have deflated year-over year for 18 of the last 19 months.