GDP components · United States

United States Unit Labour Costs QoQ Final

The United States Unit Labour Costs QoQ Final is one part of the national accounts of the United States: what households spend, what businesses invest, what they earn, or how productive workers are.

اهمیت
Medium
منتشرشده
Quarterly
انتشار بعدی
ارز
USD · US dollar
بانک مرکزی
The Federal Reserve
اثر بر
AUDUSD · EURUSD · GAUUSD · GBPUSD · NZDUSD · USDCAD · USDCHF · USDCNH

آخرین ارقام

آخرین انتشار، برای Q2، در 2026-09-03 منتشر شد و 1.2% بود. این پایین‌تر از اجماع 1.3% است. این کمتر از 1.3% در دفعه قبل است.

A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.

در 7 انتشار اخیر بین -1.9% و 6.6% بود، با میانگین 2.2%. سه انتشار پیاپی کاهش داشته است.

Mar 2025: 2.2%Jun 2025: 6.6%Sep 2025: 1%Jan 2026: -1.9%Mar 2026: 4.4%Jun 2026: 1.8%Sep 2026: 1.2% Mar 2025Sep 2026
نتایج واقعی؛ خط کوتاه روی هر ستون، اجماع را نشان می‌دهد.
منتشرشدهبرایواقعیپیش‌بینیقبلی
3 Sep 2026Q21.2%1.3%1.3%
4 Jun 2026Q11.8%2.5%2.1% ®
24 Mar 2026Q44.4%3.5%1% ®
29 Jan 2026Q3-1.9%-1.9%-2.9%
4 Sep 2025Q21%1.2%6.9%
5 Jun 2025Q16.6%5.7%2%
6 Mar 2025Q42.2%3%-1.5%

در تقویم اقتصادی ببینید ←

چرا مهم است

GDP's headline hides its drivers. Household spending is usually the largest part of demand; investment is the most cyclical and tells you about firms' confidence; productivity and labour costs decide whether growth can continue without inflation.

روش محاسبه

the Bureau of Labor Statistics (prices and jobs), the Bureau of Economic Analysis (GDP, income and spending) and the Census Bureau (retail sales, housing, trade) estimates each component from surveys, tax and trade data, after inflation where noted ("real").

تغییرات چه معنایی دارند

  • Strong spending with weak income growth cannot last: watch the savings rate.
  • Productivity growth lets wages rise without pushing up prices; unit labour costs show the opposite.

بالاتر از انتظار: A stronger figure than expected points to a healthier economy: it usually supports the US dollar and local stocks, and can push bond yields up.

پایین‌تر از انتظار: A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.

تاریخچه‌ای کوتاه

The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.

پرسش‌ها

What is the United States Unit Labour Costs QoQ Final?

The United States Unit Labour Costs QoQ Final is one part of the national accounts of the United States: what households spend, what businesses invest, what they earn, or how productive workers are.

What was the latest United States Unit Labour Costs QoQ Final?

1.2% for Q2, published on 3 September 2026 (consensus 1.3%, previous 1.3%).

When is the next United States Unit Labour Costs QoQ Final?

On Tuesday 8 December 2026 at 13:30 UTC.

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