"Near Stalling Of US Production"

[Weatherman2020]

Gradually then suddenly.

Don’t worry, it’s transitory.

The start of the third quarter saw a deterioration in business conditions at US manufacturers as new orders declined for the first time in three months.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

 

[Weatherman2020]

KissMy

 

[Oddball]

 

[Weatherman2020]

View attachment 989101

Transitory!

 

[surada]

Zero Hedge?

 

[initforme]

What's the plan to improve it besides wage increases?

 

[KissMy]

The U.S. Bureau of Labor Statistics report

Labor productivity increased 2.3 percent in the second quarter of 2024, as output increased 3.3 percent and hours worked increased 1.0 percent. From the same quarter a year ago, nonfarm business sector labor productivity increased 2.7 percent.

Unit labor costs in the nonfarm business sector increased 0.9 percent in the second quarter of 2024, reflecting a 3.3-percent increase in hourly compensation and a 2.3-percent increase in productivity. Unit labor costs increased 0.5 percent over the last four quarters, the lowest rate since the third quarter of 2019, when the measure also increased 0.5 percent.

Real hourly compensation, which takes into account consumer prices, increased 0.4 percent in the second quarter of 2024.

 

[Harpy Eagle]

Gradually then suddenly.

Don’t worry, it’s transitory.

The start of the third quarter saw a deterioration in business conditions at US manufacturers as new orders declined for the first time in three months.

ZeroHedge

ZeroHedge - On a long enough timeline, the survival rate for everyone drops to zero

www.zerohedge.com

Wait, so what you are saying is the interest rate hikes did what they were designed to do.

 

[Weatherman2020]

Wait, so what you are saying is the interest rate hikes did what they were designed to do.

How’s Bidenomics going?

 

[Weatherman2020]

The U.S. Bureau of Labor Statistics report

Labor productivity increased 2.3 percent in the second quarter of 2024, as output increased 3.3 percent and hours worked increased 1.0 percent. From the same quarter a year ago, nonfarm business sector labor productivity increased 2.7 percent.

Unit labor costs in the nonfarm business sector increased 0.9 percent in the second quarter of 2024, reflecting a 3.3-percent increase in hourly compensation and a 2.3-percent increase in productivity. Unit labor costs increased 0.5 percent over the last four quarters, the lowest rate since the third quarter of 2019, when the measure also increased 0.5 percent.

Real hourly compensation, which takes into account consumer prices, increased 0.4 percent in the second quarter of 2024.

How’s Bidenomics working?