Productivity increases 3.2% in Q4 2023; unit labor costs increase 0.4% (annual rates)
Productivity increased 3.2 percent in the nonfarm business sector in the fourth quarter of 2023; unit labor costs increased 0.4 percent (seasonally adjusted annual rates). In manufacturing, productivity increased 1.3 percent and unit labor costs increased 5.3 percent.
If the US economy gets stronger then there are ample chance that Gold may slip down.
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