from
S&P Credit Research656 word report
published Oct 30, 2009
Price
$500.00 available for immediate download
Report Overview
Search Inside
About
S&P Credit Research
| Abstract: | The U.S. Employment Cost Index (ECI) rose 0.4% in the third quarter, in line with expectations. This follows a 0.4% increase in the second quarter. The ECI is now up 1.5% over last year—a record-slow pace. Wages and salaries were also up 0.4%, the same rate as in the previous quarter, and are now up 1.5% over last year. Benefits rose 0.4% from a 0.3% rate in the previous quarter, and are up 1.6% over last year. The record-low ECI reading, together with the soft spending report, will likely push interest rates lower.
|
| Brief Excerpt: | You are not entitled to view this Article. For technical support, please contact your help desk. Published by Standard & Poor's Financial Services LLC, a subsidiary of The McGraw-Hill Companies, Inc. Executive and Editorial offices:...
|
| Report Type: | Commentary
|
| Sector: | Global Issuers, Public Finance, Structured Finance
|
| Free Sample: |
Click Here to Download
|
| Format: | | HTML |  |
|
S&P Credit Research provides analysis on issuers and debt obligations of corporations, states and municipalities, financial institutions, insurance companies and sovereign governments. S&P also offers insight into the credit risk of structured finance deals, providing an independent view of credit risk associated with a growing array of debt-securitized instruments.
