US nonfarm business sector (productivity vs ULC)
Top drivers
⌁ mcp.call("adw-049") vADW-049-live-1.0 Is nonfarm business productivity outpacing unit labor cost growth — or is the cost squeeze tightening?
US nonfarm business sector (productivity vs ULC)
Top drivers
⌁ mcp.call("adw-049") vADW-049-live-1.0 A corporate-margin forecasting agent reads ADW-049 quarterly; when the productivity_trend_score rises above 55 and the ulc_z sub-component is falling (current score is 51.2, 74th percentile over 43 observations ranging 38.3 to 66.8, with a rising trend), it automatically upgrades the earnings-growth assumption in a sector model by 25 basis points, cites the productivity_yoy_pct and ulc_yoy_pct values from the IOM's top_drivers for analyst review, and requires confidence above 0.8 before triggering the assumption change — methodology_version anchors the 36-quarter trailing window so the signal is comparable across model runs.
A sell-side equity strategist uses ADW-049's trend_label and composite_z to distinguish whether S&P 500 margin expansion is productivity-driven (sustainable) or merely cost-cutting-driven (fragile); with the score at a 74th percentile reading and rising, the current IOM signal supports an overweight on cyclicals that benefit from genuine efficiency gains, a call that previously required the strategist to manually reconcile BLS OPHNFB and ULCNFB releases on different publication schedules.
OPHNFB level z-score minus ULCNFB level z-score; composite vs 36-quarter trailing window → 0-100 (>50=productivity leading)
Version ADW-049-live-1.0 · validated to beat a naive baseline · benchmark: none
One call returns the answer with its reasoning attached — the live Intelligence Object for ADW-049.
{
"product_id": "ADW-049",
"entity": "US nonfarm business sector (productivity vs ULC)",
"score": 51.2,
"trend": "stable",
"confidence": 0.81,
"top_drivers": [
{
"factor": "productivity_yoy_pct",
"contribution": 119.44
},
{
"factor": "ulc_yoy_pct",
"contribution": 123.78
},
{
"factor": "composite_z",
"contribution": 0.121
}
],
"recommended_use": "Track the productivity-vs-labor-cost balance. High score = efficiency gains outpacing cost growth; favorable for margins. Descriptive, quarterly cadence.",
"methodology_version": "ADW-049-live-1.0",
"freshness": "2026-06-27T06:00:22.926Z",
"coverage": "US nonfarm business sector (FRED OPHNFB + ULCNFB)",
"source_lineage": [
"FRED OPHNFB (Nonfarm Productivity)",
"FRED ULCNFB (Unit Labor Costs)"
],
"allowed_use": "informational",
"productivity_trend_score": 51.2,
"trend_label": "balanced",
"productivity_yoy_pct": 119.44,
"ulc_yoy_pct": 123.78,
"productivity_z": 1.669,
"ulc_z": 1.548,
"composite_z": 0.121,
"validation_status": "descriptive"
} Every product conforms to the Intelligence Object Model — typed, versioned, and discoverable.
Dashboard
Read the score + drivers in the console.
REST API
/v1/intelligence/adw-049
MCP tool
adw.adw_049
Marketplace
Discoverable by any MCP agent via the MCP registry.
White-label
Embed under your own brand (Platinum).
How elevated is the feedback loop between wage growth and consumer price inflation right now?
Method: YoY Avg Hourly Earnings + YoY Core CPI; equal-weight z-scores vs 36mo trailing window → 0-100 (50=neutral, >50=spiral-risk rising)
How tight is the US labor market — are there meaningfully more job openings than unemployed workers?
Method: JOLTS openings ÷ unemployed ratio; z-score vs 36mo trailing window × 15 → 0-100 (50=neutral, >50=tight)
How tight is the US labor market right now, and tightening or loosening?
Method: openings/unemployed ratio normalized 0-100 (0.30 floor=2020 trough, 2.00 ceil=2022 peak)