Signs of Slowing: Measuring Wages in Core Non-Housing Services
We reconstruct the White House’s core non-housing services wage index. We walk through the construction of this series, which is available for premium donors.
We reconstruct the White House’s core non-housing services wage index. We walk through the construction of this series, which is available for premium donors.
Summary: If we focus on the domestic labor that contributes to "Core Services Ex Housing PCE" output, we see that wage growth is no longer looking...
At Employ America, we have argued that shortages of physical productive capacity played a major role in the inflation seen during and after the recovery from the pandemic...