Nonfarm Payrolls Seen up 85K in July

Dow Jones
Aug 01

The following are median forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal.

 
DATE      TIME  RELEASE                       PERIOD     CONSENSUS    PREVIOUS 
Monday    0945  S&P Global U.S. Mfg PMI        Jul        NA           53.8* 
          1000  ISM Mfg PMI                    Jul        54.0   (10)  53.3 
          1000  Construction Spending          Jun       +0.3%   (7)  +0.1% 
Tuesday   0830  U.S. Trade Deficit             Jun       $73.0B  (9)  $77.58B 
          1000  Factory Orders                 Jun       +0.3%   (5)  -1.3% 
          1000  Job Openings                   Jun        7.5M   (4)   7.6M 
                  & Labor Turnover 
Wednesday 0815  ADP Jobs                       Jul       +75K    (3)  +98K 
          0945  S&P Global Svcs PMI            Jul        NA           53.6* 
          1000  ISM Non-Mfg PMI                Jul        54.4   (8)   54.0 
Thursday  0830  Jobless Claims                 Aug 1      200K   (6)   197K 
          0830  Productivity (Prelim)          2Q        +0.7%   (7)  +0.3%** 
          0830  Unit Labor Costs (Prelim)      2Q        +2.0%   (6)  +1.8%** 
          1000  Wholesale Inventories          Jun        NA          +0.1% 
Friday    0830  Nonfarm Payrolls               Jul       +85K    (10) +57K 
          0830  Unemployment Rate              Jul        4.3%   (10)  4.2% 
          0830  Avg. Hourly Wages M/M***       Jul       +0.3%   (9)  +0.35% 
          0830  Avg. Hourly Wages Y/Y***       Jul        NA          +3.52% 
          1500  Consumer Credit                Jun      +$12.0B  (3) -$0.2B 
 
*July Flash Reading 
**1Q Revised Reading 
***all private-sector workers 
 
(Figures in parentheses refer to number of economists surveyed.) 
 
 

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