Thursday, January 04, 2018

Friday: Employment Report, Trade Deficit

by Bill McBride on 1/04/2018 07:23:00 PM

My December Employment Preview

Goldman: December Payrolls Preview

Friday:
• At 8:30 AM, Employment Report for December. The consensus is for an increase of 190,000 non-farm payroll jobs added in December, down from the 228,000 non-farm payroll jobs added in November. The consensus is for the unemployment rate to be unchanged at 4.1%.

• At 8:30 AM, Trade Balance report for November from the Census Bureau. The consensus is for the U.S. trade deficit to be at $48.3 billion in November from $48.7 billion in October.

• At 10:00 AM, the ISM non-Manufacturing Index for December. The consensus is for index to increase to 57.6 from 57.4 in November.