Unemployment rate seen holding – data week ahead

The following are average forecasts for next week’s US data from a survey compiled by the Wall Street Journal.

Note: ADP Jobs Report will not be published on August 3, 2022. ADP said it is targeting August 31, 2022 to resubmit the new ADP National Employment Report.

Date Time Release Period Consensus Previous (ET) Monday 0945 S&P Global US MFG PMI July 52.2(3) 52.3*1000 ISM MFG PMI July 52.1(11) 53.0 1000 Construction Spend June +0.4%(6)-0.1% Tuesday 1000 Job Openings June 11.0M (3) 11.3M & Labor Turnover Wednesday 0945 S&P Global US Svcs PMI July 47.5 (3) 47.0* 1000 ISM Non-Mfg PMI July 53.9 (11) 55.3 1000 Factory Orders June +1.0% (6) +1.6% Thursday 0830 Jobless Claims July 30 255K (5) 256K 0830 US trade deficit June $79.6B (9) $85.55B Friday 0830 Non-farm payrolls July +250K (11) +372K 0830 Unemployment rate July 3.6% (11) 3.6 % 0830 Average. Hourly wage m/m** July +0.3% (10) +0.31% 0830 Average. Hourly Wage Y/Y** July +4.9% (5) +5.11% 1500 Consumer Credit June +$31.1B (4) +$22.3B *July Flash Reading **All Private Sector Employees (Figures in parentheses represent numbers of economists refer) surveyed.)

Write to Donna Hunke at [email protected]

(END) Dow Jones Newswires

July 29, 2022 14:17 ET (18:17 GMT)

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