U.S. ECO PREVIEW: Employment, Trade Balance Due in 5 Minutes
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
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UUID: 7947283
(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.
- Nonfarm Payrolls 180k; range 125k to 220k (84 estimates)
- Private Payrolls 180k; range 100k to 210k (38 estimates)
- Manu Payrolls 5k; range -3k to 12k (18 estimates)
- Unemploy Rate 4.3%; range 4.2% to 4.4% (78 estimates)
- Hourly Earn 0.3% m/m; range 0.1% to 0.4% (58 estimates)
- Hourly Earn 2.4% y/y; range 2.3% to 2.6% (28 estimates)
- Avg. Weekly Hours 34.5; range 34.4 to 34.5 (30 estimates)
- The labor market “remains a particularly bright spot of the economy”: Natwest Markets
- GDP data “signal that the economy is on a steady trajectory at midyear, and this is likely to be reflected in the July jobs report, as well”: Bloomberg Intelligence
- In June, the economy added 222,000 non-farm jobs, the most since February
- Trade Balance -44.5b; range -48b to -43.5b (54 estimates)
- Preliminary data on June merchandise trade showed a deficit of $63.9 billion, the smallest so far this year
Alert: HALISTER1
Source: BFW (Bloomberg First Word)
To de-activate this alert, click here
To modify this alert, click here
UUID: 7947283