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.
- חשיבות
- Medium
- פורסם
- Quarterly
- הפרסום הבא
- מטבע
- USD · US dollar
- בנק מרכזי
- The Federal Reserve
הנתונים האחרונים
הפרסום האחרון, עבור Q2, יצא ב-2026-09-03 ועמד על 1.2%. זה מתחת לקונצנזוס של 1.3%. זה ירידה מ-1.3% בפעם הקודמת.
A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.
ב-7 הפרסומים האחרונים הערך נע בין -1.9% ל-6.6%, בממוצע 2.2%. הנתון יורד שלושה פרסומים ברציפות.
| פורסם | עבור | בפועל | קונצנזוס | קודם |
|---|---|---|---|---|
| 3 Sep 2026 | Q2 | 1.2% | 1.3% | 1.3% |
| 4 Jun 2026 | Q1 | 1.8% | 2.5% | 2.1% ® |
| 24 Mar 2026 | Q4 | 4.4% | 3.5% | 1% ® |
| 29 Jan 2026 | Q3 | -1.9% | -1.9% | -2.9% |
| 4 Sep 2025 | Q2 | 1% | 1.2% | 6.9% |
| 5 Jun 2025 | Q1 | 6.6% | 5.7% | 2% |
| 6 Mar 2025 | Q4 | 2.2% | 3% | -1.5% |
למה זה חשוב
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.
איך זה מחושב
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").
מה המשמעות של שינויים
- 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.
גבוה מהצפוי: 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.
נמוך מהצפוי: A weaker figure than expected points to slowing activity: the US dollar tends to soften and markets price in lower rates.
היסטוריה קצרה
The components follow the expenditure approach to GDP set out by Keynesian economics in the 1930s and standardised in the System of National Accounts.
שאלות
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.
תוכן לימודי בלבד, לא ייעוץ השקעות. הנתונים הם התוצאות שפורסמו כפי שנרשמו ביומן שלנו; תגובות השוק המתוארות אופייניות, לא מובטחות.