Thursday, November 02, 2017

Friday: Employment Report, Trade Deficit, ISM non-Mfg

by Bill McBride on 11/02/2017 07:43:00 PM

My October Employment Preview

and Goldman: October Payrolls Preview

Friday:
• At 8:30 AM ET, Employment Report for October. The consensus is for an increase of 323,000 non-farm payroll jobs added in October, up from the 33,000 non-farm payroll jobs lost in September. The consensus is for the unemployment rate to increase to 4.3%.

• Also at 8:30 AM, Trade Balance report for September from the Census Bureau. The consensus is for the U.S. trade deficit to be at $43.4 billion in September from $42.4 billion in August.

• At 10:00 AM, the ISM non-Manufacturing Index for October. The consensus is for index to decrease to 58.7 from 59.8 in September.