A Bourse Diary

Thoughts on stocks, speculation and ... life

Wednesday, February 07, 2007

Good news for inflation outlook

The inflation outlook should be more favourable for the investors' community after the good data provided today:
U.S. worker productivity grew at the fastest rate in almost a year last quarter and labor costs rose at a slower pace, suggesting wages may pose less of an inflation threat.

The 3 percent gain in productivity, a measure of how much an employee produces for each hour of work, followed a revised 0.1 percent decline in the third quarter, the Labor Department said today in Washington. A measure of labor costs increased 1.7 percent after rising 3.2 percent.

Bloomberg.com: U.S. Economy: Productivity Accelerates, Cost of Labor Slows

Wait for the market reaction. Normal mode is UP. And if the data flow goes further this way - not only for today...


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