Nonfarm Payrolls Expected to Rebound

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

 
DATE      TIME  RELEASE                       PERIOD     CONSENSUS    PREVIOUS 
Tuesday   0945  S&P Global U.S. Mfg PMI        Aug        53.5   (7)   53.2* 
          1000  ISM Mfg PMI                    Aug        55.3   (23)  55.6 
          1000  Construction Spending          Jul       +0.0%   (17) -0.1% 
          1000  Job Openings                   Jul        7.3M   (14)  7.4M 
                  & Labor Turnover 
Wednesday 0815  ADP Jobs                       Aug       +47K    (9)  +44K 
          1000  Factory Orders                 Jul       +0.7%   (15) -0.3% 
Thursday  0830  Jobless Claims                 Aug 29     205K   (21)  203K 
          0830  U.S. Trade Deficit             Jul       $90.0B  (21) $73.26B 
          0830  Productivity (Revised)         2Q        +1.4%   (16) +1.4%** 
          0830  Unit Labor Costs (Revised)     2Q        +1.3%   (17) +1.3%** 
          0945  S&P Global U.S. Svcs PMI       Aug        56.2   (7)   56.8* 
          1000  ISM Non-Mfg PMI                Aug        54.1   (22)  54.1 
Friday    0830  Nonfarm Payrolls               Aug       +53K    (22) -23K 
          0830  Unemployment Rate              Aug        4.1%   (22)  4.1% 
          0830  Avg. Hourly Wages M/M***       Aug       +0.3%   (20) +0.05% 
          0830  Avg. Hourly Wages Y/Y***       Aug       +3.0%   (12) +3.15% 
 
*Aug Flash Reading 
**2Q Prelim Reading 
***all private-sector workers 
 
(Figures in parentheses refer to number of economists surveyed.) 
 
Write to Tim Merle at dataweekahead@wsj.com 

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