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  • US nonfarm productivity for 1Q  final 3.4% versus 3.5% estimate. The  preliminary estimate was 3.6%
  •  unit labor costs -1.6% versus -0.9% estimate. The  prior estimates was -0.9%.
The thing that  sticks out is the unit labor costs at -1.6%.  US companies are getting strong growth with low labor costs.

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