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Q3 Prelim Nonfarm Prod -0.3%; Unit Lbr......>

US DATA
US DATA: Q3 Prelim Nonfarm Prod -0.3%; Unit Lbr Costs +3.6%
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- Q3 nonfarm productivity -0.3% (lowest since Q4 2015) vs +2.5% Q2 
- Q3 unit lbr costs +3.6% vs +2.4% Q2  
- Q3 productivity 1.4% y/y vs 1.8% y/y Q2
- ULC +3.1% y/y (highest since Q1 2014) vs +2.6% in Q2
- Mfg productivty -0.1%; unit lbr costs +3.6
- Mfg unit lbr costs +4.9 y/y (highest since Q2 2009)

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