Unemployment Rate Seen Ticking Down to 3.8% — 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 Monday 0945 S&P Global U.S. Mfg PMI Mar 52.5 (5) 52.5* 1000 ISM Mfg PMI Mar 48.1 (16) 47.8 1000 Construction Spending Feb +0.7% (11) -0.2% Tuesday 1000 Factory Orders Feb +1.0% (11) -3.6% 1000 Job Openings Feb 8.8M (9) 8.9M & Labor Turnover Wednesday 0815 ADP Jobs Mar +158K (4) +140K 0945 S&P Global U.S. Svcs PMI Mar 51.7 (5) 51.7* 1000 ISM Non-Mfg PMI Mar 52.6 (16) 52.6 Thursday 0830 Jobless Claims Mar 30 210K (9) 210K 0830 U.S. Trade Deficit Feb $67.5B (13) $67.43B Friday 0830 Nonfarm Payrolls Mar +200K (17) +275K 0830 Unemployment Rate Mar 3.8% (17) 3.9% 0830 Avg. Hourly Wages M/M** Mar +0.3% (15) +0.14% 0830 Avg. Hourly Wages Y/Y** Mar +4.1% (6) +4.28% 1500 Consumer Credit Feb +$12.0B (7) +$19.5B *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 29, 2024 14:29 ET (18:29 GMT)
Copyright (c) 2024 Dow Jones & Company, Inc.-
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