Free Trial

Softer AHE Spells Further Declines for the Employment Cost Index

US DATA
  • The further slowing in average hourly earnings and the softening in trend growth for non-supervisory roles makes a further pullback in the Employment Cost Index for the coming quarters. Y/Y AHE has proved a decent leading indicator for ECI since the pandemic, and another sequential decline today will add downward pressure for the next ECI release on October 31st:

To read the full story

Close

Why MNI

MNI is the leading provider

of intelligence and analysis on the Global Fixed Income, Foreign Exchange and Energy markets. We use an innovative combination of real-time analysis, deep fundamental research and journalism to provide unique and actionable insights for traders and investors. Our "All signal, no noise" approach drives an intelligence service that is succinct and timely, which is highly regarded by our time constrained client base.

Our Head Office is in London with offices in Chicago, Washington and Beijing, as well as an on the ground presence in other major financial centres across the world.