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Unemployment Rate Expected to Hold — Data Week Ahead

The following are median forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal.

 
DATE      TIME  RELEASE                      PERIOD     CONSENSUS    PREVIOUS 
           (ET) 
Monday    0945  S&P Global U.S. Mfg PMI       Mar        49.3   (3)    49.3* 
          1000  ISM Mfg PMI                   Mar        47.3   (11)   47.7 
          1000  Construction Spending         Feb       +0.0%   (7)   -0.1% 
Tuesday   1000  Job Openings                  Feb        10.5M  (4)    10.8M 
                  & Labor Turnover 
          1000  Factory Orders                Feb       -0.5%   (8)   -1.6% 
Wednesday 0815  ADP Jobs                      Mar       +210K   (4)   +242K 
          0830  U.S. Trade Deficit            Feb       $69.1B  (8)   $68.29B 
          0945  S&P Global U.S. Svcs PMI      Mar        53.8   (3)    53.8* 
          1000  ISM Non-Mfg PMI               Mar        54.4   (11)   55.1 
Thursday  0830  Jobless Claims                Apr 1      200K   (3)    198K 
Friday    0830  Nonfarm Payrolls              Mar       +235K   (11)  +311K 
          0830  Unemployment Rate             Mar        3.6%   (11)   3.6% 
          0830  Avg. Hourly Wages M/M**       Mar       +0.3%   (10)  +0.24% 
          0830  Avg. Hourly Wages Y/Y**       Mar       +4.3%   (3)   +4.62% 
          1500  Consumer Credit               Feb        N/A         +$14.8B 
 
*March Flash Reading 
**All private-sector workers 
 
 (Figures in parentheses refer to number of economists surveyed.) 
 

Write to Donna Huneke at dataweekahead@wsj.com

(END) Dow Jones Newswires

March 31, 2023 14:17 ET (18:17 GMT)

Copyright (c) 2023 Dow Jones & Company, Inc.

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