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Indicator Digest

Wages
Following the changes in workers wages is an important factor to overall inflation. As salaries increase, consumers spend more, and thereby exert upward pressure on retail prices. Higher wages also improve consumer sentiment and bolster overall economic growth.

Main Indicator: Average Hourly Earnings

Most Recent Release

March
5th, 2010
Actual Forecast Previous Revised Form
0.1% 0.2% 0.3% N/A
For February
Provided by: Bureau of Labor Statistics

Earnings y/y: 2.0%, pr. 2.2% (Dec), 2.2% (Nov), 2.4% (Oct)
Avg. Work Week: pr. 33.2 hrs (Dec), 33.2 hrs (Nov)

Table of Past Data

6/57/28/79/410/211/612/41/82/53/5
Actual0.1%0.0%0.2%0.3%0.1%0.3%0.1%0.2%0.3%0.1%
Forecast0.2%0.2%0.1%0.1%0.2%0.1%0.2%0.2%0.2%0.2%
Previous0.1%0.2%0.0%0.2%0.4%0.1%0.3%0.1%0.2%0.3%
Revised FromN/A0.1%N/AN/A0.3%N/AN/AN/AN/AN/A

Past Releases

February
5th, 2010
Actual Forecast Previous Revised Form
0.3% 0.2% 0.2% N/A
For January
Provided by: Bureau of Labor Statistics

Earnings y/y: pr. 2.2% (Dec), 2.2% (Nov), 2.4% (Oct), 2.5% (Sep)
Avg. Work Week: pr. 33.2 hrs (Dec), 33.2 hrs (Nov)

January
8th, 2010
Actual Forecast Previous Revised Form
0.2% 0.2% 0.1% N/A
For December
Provided by: Bureau of Labor Statistics

Earnings y/y: pr. 2.2% (Nov), 2.4% (Oct), 2.5% (Sep)
Avg. Work Week: 33.2 hrs, pr. 33.2 hrs

December
4th, 2009
Actual Forecast Previous Revised Form
0.1% 0.2% 0.3% N/A
For November
Provided by: Bureau of Labor Statistics

Earnings y/y: 2.2%, pr. 2.4% (Oct), 2.5% (Sep)

November
6th, 2009
Actual Forecast Previous Revised Form
0.3% 0.1% 0.1% N/A
For October
Provided by: Bureau of Labor Statistics

Earnings y/y: pr. 2.5%

October
2nd, 2009
Actual Forecast Previous Revised Form
0.1% 0.2% 0.4% 0.3%
September
4th, 2009
Actual Forecast Previous Revised Form
0.3% 0.1% 0.2% N/A
August
7th, 2009
Actual Forecast Previous Revised Form
0.2% 0.1% 0.0% N/A
For July
Provided by: Bureau of Labor Statistics

Earnings y/y:  pr. 2.7% (Jun), 3.1% (May), 3.2% (Apr), 3.4% (Mar),
3.6% (Feb), 3.9% (Jan), 3.7% (Dec), 3.7% (Nov), 3.5% (Oct),
3.4% (Sep), 3.6% (Aug), 3.4% (Jul)

July
2nd, 2009
Actual Forecast Previous Revised Form
0.0% 0.2% 0.2% 0.1%
For June
Provided by: Bureau of Labor Statistics

Earnings y/y: 2.7%, pr. 3.1% (May), 3.2% (Apr), 3.4% (Mar),
3.6% (Feb), 3.9% (Jan), 3.7% (Dec), 3.7% (Nov), 3.5% (Oct),
3.4% (Sep), 3.6% (Aug), 3.4% (Jul)

June
5th, 2009
Actual Forecast Previous Revised Form
0.1% 0.2% 0.1% N/A
For May
Provided by: Bureau of Labor Statistics

Earnings y/y: pr. 3.2% (Apr), 3.4% (Mar), 3.6% (Feb), 3.9% (Jan),
3.7% (Dec), 3.7% (Nov), 3.5% (Oct), 3.4% (Sep), 3.6% (Aug), 3.4% (Jul)