Halister News

(Bloomberg) -- Following are forecasts for today’s U.S. economic releases as compiled by Bloomberg News:

• Nonfarm Payrolls 200k; range 150k to 275k (89 estimates)
• • In January, employers added 227,000 workers, the most in four months, though wage growth slowed
• Private Payrolls 215k; range 155k to 276k (39 estimates)
• Manu Payrolls 10k; range 5k to 25k (22 estimates)
• Unemploy Rate 4.7%; range 4.6% to 4.8% (83 estimates)
• • Unemployment rate has been below 5 percent since May
• Hourly Earn 0.3% m/m; range 0.2% to 0.4% (65 estimates)
• Hourly Earn 2.8% y/y; range 2.6% to 2.9% (28 estimates)
• Avg. Weekly Hours 34.4; range 34.3 to 34.4 (33 estimates)
• • "Increased economic optimism seems to be coaxing individuals to enter the labor market, resulting in higher participation -- thus an increase in the unemployment rate to 4.8% in January. However, a rebound in household survey employment in February, which seems likely, could push the rate back to 4.7%:" Bloomberg Intelligence

BUDGET Report Due at 2:00 pm:

• Budget $-190b; range $-200b to $-140b (13 estimates)