Melissa George Cameron Richardson Chandra West Kasey Chambers Megan Ewing
Tuesday, February 15, 2011
Labor Costs vs Consumer Prices 1950-2010
> The Bloomberg chart above compares year-to-year percentage changes in labor costs and consumer prices – from 1950 to present,� for the past six decades (data source:� Labor Department). These indicators had a high correlation — 0.82 during the period — according to Brian Belski, chief investment strategist for Oppenheimer & Co.� Labor costs have [...]
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