Broker Check

Chart of the Week 3-8-2023

| March 08, 2023

A message from Edge Investment Solution's Damon Walker:

 Follow us on Facebook: Edge Investment Solutions

 Follow us on Instagram: Edge Investment Solutions

 Follow us on Twitter: Edge Investment Solutions

Chart of the Week

All the Wage


Prices across US services categories may prevail as a key driver of future disinflation. However, strong wage growth remains a headwind. Specifically, wages account for almost 40% of end-consumer prices across services categories relative to just 25% across goods categories. In our view, this cost structure underscores the importance of further labor market softening to counterbalance recent inflation resurgence.

Source: Dep of Commerce, GS Global Investment Research, and GS Asset Management.