U.S. Unit Labor Costs QoQ

USD
Actual
-0.8%
Forecast
0.7%
Previous
3.2%
Latest Release
Nov 02, 2023
Importance
Overview
Unit Labour Costs measure the annualised change in the price businesses pay for labour, excluding the farming industry. It is a leading indicator of consumer inflation.

A reading that is stronger than forecast is generally supportive (bullish) for the USD, while a weaker than forecast reading is generally negative (bearish) for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Dec 06, 2023 (Q3) 19:00 - -0.8%
2.2%
Nov 02, 2023 (Q3) 18:00 -0.8% 0.7%
3.2%
Sep 07, 2023 (Q2) 18:00 2.2% 1.6%
4.2%
Aug 03, 2023 (Q2) 18:00 1.6% 2.6%
3.3%
Jun 01, 2023 (Q1) 18:00 4.2% 6.3%
3.2%
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