Wednesday, December 05, 2018

Thursday: ADP Employment, Unemployment Claims, Trade Deficit, ISM Non-Mfg, Q3 Flow of Funds

by Bill McBride on 12/05/2018 07:30:00 PM

Thursday:
• At 8:15 AM ET, The ADP Employment Report for November. This report is for private payrolls only (no government).  The consensus is for 175,000 jobs added, down from 227,000 in October.

• At 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for 225 thousand initial claims, down from 234 thousand the previous week.

• At 8:30 AM, Trade Balance report for October from the Census Bureau. The consensus is the trade deficit to be $54.9 billion.  The U.S. trade deficit was at $54.0 billion in September.

• At 10:00 AM, the ISM non-Manufacturing Index for November.  The consensus is for a decrease to 59.0 from 60.3.

• At 12:00 PM, Q3 Flow of Funds Accounts of the United States from the Federal Reserve.