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The Wage Trend Indicator™ in the News
"Until the Bureau of National Affairs started
putting together its wage report, there weren't too many places that
brought together all the different data that can help predict if wages
are on the rise."
-- Public Radio International
"[The WTI] is sort of like having a diversified stock portfolio.
We've got a number of indicators that have worked over the years; if
one [component] is off track, we still have six others working for us."
-- Joel Popkin
Developer of the WTI for BNA
"Economists have had a difficult time predicting wage trends
in the 1990s. … Now a little explanatory help is on the way in
the form of the new Wage Trend Indicator. …The new series is the
first attempt to use the leading indicator approach."
-- Business Week Daily Briefing
"Steadily
decelerating over the past 18 months,
private industry wage increases
are projected to hold at 3.5% through
the rest of this year, according
to the latest reading of the Wage
Trend Indicator released ... by
BNA Inc., a Washington publishing
company. ... The WTI showed that
wage pressures eased substantially
... from annual wage increases above
4% to roughly 3.5% ... "
--Dow Jones Capital Markets
Report
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