employment cost index

The Employment Cost Index Deserves a Closer Look

The employment cost index increased just 2% in 2010, and the trend will likely continue in 2011. Those contained employee costs will help maintain a low-inflation environment that should give the Fed more time to stimulate the economy through its asset-purchase program.

This Week: Major Earnings and Reports Every Day

With corporate earnings season in full swing -- watch for McDonalds, along with Catepillar, Amazon and other -- and with the Fed meeting on interest rates, the GDP estimate and housing numbers coming out -- the week ahead is expected to be quite busy.