Wage Growth Set To Weight On Profit Margins – ValueWalk Premium

Wage Growth Set To Weight On Profit Margins

Wage Growth Set To Weight On Profit Margins 

A tightening labour market and peak margins pose a risk to S&P 500 profits in the near term; that’s according to a new research report on rising labour costs and US equities from Goldman Sachs.

The report notes that while average hourly earnings growth has spiked higher to 2.3% this year, this growth is still below the long-term average. Moreover, the healthy labour market should drive an acceleration of the trend labour costs.

SORRY!

This content is exclusively for paying members.

If you are subscribed and having an account error please clear cache and cookies if that does not work email [email protected] or click Chat.


X
Saved Articles
X
TextTExtLInkTextTExtLInk
0