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Home » Fundamental Analysis » Real Earnings Of Private Employees Rose In February

Real Earnings Of Private Employees Rose In February

Real average hourly earnings , or the unit purchasing power of the employed , is one of the most reliable indicator of consumer spending which in turn is strongly correlated to the stock market. 

I like following this indicator on a monthly basis to get a sense of what is coming next and where we stand in the current business cycle.

Today data is showing a strong expansion that is boding well for consumer sentiment in the next few months.


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