by Calculated Risk on 10/31/2019 07:06:00 PM
Thursday, October 31, 2019
Note: It appears temporary Census hiring will have little impact on the October employment report.
My October Employment Preview: Take the Under
• At 8:30 AM ET, Employment Report for October. The consensus is for 93,000 jobs added, and for the unemployment rate to increase to 3.6%.
Note: The GM strike and supplier cutbacks (now settled) will probably subtract close to 75,000 jobs in October.
• At 10:00 AM, ISM Manufacturing Index for October. The consensus is for 49.0%, up from 47.8%.
• At 10:00 AM, Construction Spending for September. The consensus is for 0.2% increase in spending.