Is Employment Supporting Consumer Equities?
Employment remains the stronghold of today’s economic expansion. Today we focus on assessing the most recent data on employee incomes and their impact on markets. Our takeaways are as follows:
- Nominal employee income has increased by 6.29% since last year, with 4.09% coming from real growth. Employment is the dominant factor driving these gains.
Get access to our best-in-class analysis of economic and market dynamics.