by Calculated Risk on 8/02/2018 07:03:00 PM

My July Employment Preview

Goldman: July Payrolls Preview

Friday:
• At 8:30 AM, Employment Report for July. The consensus is for an increase of 190,000 non-farm payroll jobs added in July, down from the 213,000 non-farm payroll jobs added in June. The consensus is for the unemployment rate to decline to 3.9%.

• Also at 8:30 AM, Trade Balance report for June from the Census Bureau. The consensus is for the U.S. trade deficit to be at $45.6 billion in June from $43.1 billion in May.

• At 10:00 AM, the ISM non-Manufacturing Index for July. The consensus is for index to decrease to 58.8 from 59.1 in June.