The Single Factoral Terms Of Gasoline*

US production workers' purchasing power for fuel shifted as of March end, measured by the minutes worked per gallon of regular gasoline.

depositphotos_12286746-stock-photo-factory-workers.jpg
Source: DepositPhotos

As of March end:

Figure 1: Number of minutes worked by production and nonsupervisory workers per gallon of regular gasoline (blue). Source: BLS and EIA via FRED.

*  Terminology assumes productivity equals wage.

depositphotos_12286746-stock-photo-factory-workers.jpg
Source: DepositPhotos

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