就像上一篇文章里我们讨论的美国消费与居民收入K型分化一样,美国企业部门其实也一样呈现出明显的“K型结构”。大企业尤其是纳指权重的科技巨头依旧利润爆棚,而另一边,中小企业的经营和财务状况却越来越吃紧。考虑到美国有超过6000万人受雇于这些中小企业,占整个私人部门就业的七成以上,它们的景气程度基本决定了美国的就业情况。上月的ADP数据看似还算健康,整体就业仍维持同比0.7%的增长,但趋势正在快速放缓,...
Source Link就像上一篇文章里我们讨论的美国消费与居民收入K型分化一样,美国企业部门其实也一样呈现出明显的“K型结构”。大企业尤其是纳指权重的科技巨头依旧利润爆棚,而另一边,中小企业的经营和财务状况却越来越吃紧。考虑到美国有超过6000万人受雇于这些中小企业,占整个私人部门就业的七成以上,它们的景气程度基本决定了美国的就业情况。上月的ADP数据看似还算健康,整体就业仍维持同比0.7%的增长,但趋势正在快速放缓,...
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