U.S. Unit Labor Costs QoQ

USD
Actual
2.2%
Forecast
1.6%
Previous
4.2%
Latest Release
Sep 07, 2023
Importance
Overview
Unit Labor Costs measure the annualized change in the price businesses pay for labor, excluding the farming industry. It is a leading indicator of consumer inflation.

A higher than expected reading should be taken as positive/bullish for the USD, while a lower than expected reading should be taken as negative/bearish for the USD.
Historical Data
Release Date
Time
Actual
Forecast
Previous
Sep 07, 2023 (Q2) 14:30 2.2% 1.6%
4.2%
Aug 03, 2023 (Q2) 14:30 1.6% 2.6%
3.3%
Jun 01, 2023 (Q1) 14:30 4.2% 6.3%
3.2%
May 04, 2023 (Q1) 14:30 6.3% 5.5%
3.3%
Mar 02, 2023 (Q4) 15:30 3.2% 1.6%
2.0%
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