Thursday, January 31, 2019

Friday: Employment Report, ISM Manufacturing, Construction Spending, Auto Sales

by Calculated Risk on 1/31/2019 09:17:00 PM

My January Employment Preview

Goldman: January Payrolls Preview

• At 8:30 AM ET, Employment Report for January.   The consensus is for 158,000 jobs added, and for the unemployment rate to be unchanged at 3.9%.

• At 10:00 AM, ISM Manufacturing Index for January. The consensus is for the ISM to be at 54.0, down from 54.1 in December.

• At 10:00 AM, Construction Spending for November. The consensus is for a 0.2% increase in construction spending (The December release hasn't been scheduled).

• All day, Light vehicle sales for January. The consensus is for light vehicle sales to be 17.2 million SAAR in January, unchanged from 17.2 million in December (Seasonally Adjusted Annual Rate).