US Employment Cost Index Falls To 1.0% In Q4 As Fed Tightens

January 31, 2023 10:54 am by IWB

Sharing is Caring!

The important labor market cost index, the US Employment Cost Index (ECI) fell in Q4 2022 to 1.0%, down from 1.2% in Q3.

We are primarily funded by readers. Please subscribe and donate to support us!

Notice that ECI is falling as M2 Money growth falls.

Fed meeting coming on Wednesday!