tag:blogger.com,1999:blog-4900303239154048192.post3065984900459779966..comments2024-03-06T06:34:42.881-05:00Comments on EconoSpeak: Nominal Unit Labor Cost Growth in the 1970’s Versus RecentlyUnknownnoreply@blogger.comBlogger1125tag:blogger.com,1999:blog-4900303239154048192.post-7770475187757692102016-09-05T08:48:51.519-04:002016-09-05T08:48:51.519-04:00The spread between unit labor cost and the non-far...The spread between unit labor cost and the non-farm deflator is a major determinate of profits. Currently the spread is negative and widening. This implies that the profits recession is not over and that the rebound in profits growth the market is discounting is unlikely to developAnonymoushttps://www.blogger.com/profile/00890602912336659845noreply@blogger.com