Lack of demand and investment elsewhere is keeping large companies on the hiring sidelines, say Morningstar's Bob Johnson and Vishnu Lekraj. Get their forecast for Friday's employment report.
Even excluding special factors, recent retail sales data suggest we have seen sharp improvement, says Morningstar's Bob Johnson.
Although June payroll gains were better than recent averages and hourly earnings rose, the report was not entirely upbeat, says Morningstar's Bob Johnson.
Quirks in auto and education employment, plus recent strength in the consumer sector could impact Friday's jobs report, says Morningstar's Bob Johnson.
The labor market may not be as strong as ADP's December numbers suggest, but it's still on an upswing, say Morningstar's Bob Johnson and Vishnu Lekraj.
Strong retail numbers, combined with last week's employment data, continue to indicate more growth in the coming months, according to Morningstar's Bob Johnson.
Retail sales are softening modestly year over year, but lower gas and drug prices should have upside for consumers' spending power, says Morningstar's Bob Johnson.
Retailers are right to expect a better November as consumers bounce back following Sandy and continue holiday shopping, says Morningstar's Bob Johnson.
July 20-22: Get our inflation forecast plus a survey of inflation-fighting tools and portfolio strategies from Morningstar.
Although this week's data shattered the mirage of an impending economic boom, neither does it herald the start of a new economic slump--just more of the same slow growth.
Even amid market mood swings courtesy of the Fed, steadily rising employment offset weak manufacturing data.
In spite of the regular threats to economic recovery, the American consumer and private sector employment are still alive.
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