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Overview

BNA's Wage Trend Indicator™ offers a new perspective on trends in wage and salary growth. The WTI is designed to predict and interpret trends in U.S. private industry wages, as well as provide timely information for business and human resource executives as they plan for year-to-year changes in compensation costs.

The WTI was developed for BNA by the economic consulting firm of Joel Popkin & Company. The quarterly index-revised and updated monthly-provides a new measure for employers, analysts, and policymakers to identify turning points in private sector wages, as measured by the Employment Cost Index, a key measure of inflation. The BNA index comprises seven components shown to be predictive of accelerations and decelerations in the rate of increase in private wages. Five of the WTI's seven components are based on federal economic statistical series; two are derived from BNA's Employment Outlook Survey.

Subscribers to BNA's Daily Labor Report and Daily Report for Executives receive full coverage of the Wage Trend Indicator as part of their subscription. A one-year e-mail subscription to the Wage Trend Indicator Report is $55 for BNA subscribers and $90 for nonsubscribers. To order, call BNA PLUS at 800-372-1033 or e-mail bnaplus@bna.com.

For press copies of the data, send an e-mail to Karen James Cody.


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