US Week Ahead: Trade Balance, IP, Empire Svy, Nonfarm Productivity

Nonfarm productivity likely increased at a 2.4% rate in Q3 while unit labour costs fell 0.3%. The BEA reported that output in the nonfarm business sector increased at a 3.7% annual rate in Q3, up from a 3.3% rate in Q2. Based on BLS data, on average weekly hours in Q3, we anticipate that hours of…

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US Week Ahead: Trade Balance, IP, Empire Svy, Nonfarm Productivity

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