Private nonfarm payrolls in the US are projected to increase by 167,000 (seasonally adjusted) in tomorrow’s May update of the ADP Employment Report, based on The Capital Spectator’s median point forecast for several econometric estimates. The median projection represents a fractionally lesser increase vs. April’s rise.
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Daily Archives: June 2, 2015
Is A US Recession Lurking? The Treasury Market Is Skeptical
Judging by the comments of several high-profile perma bears, the US economy should be in recession any day now. But the Treasury market seems to be reading a different script.
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Initial Guidance | 2 June 2015
● US consumer spending flat in April, higher incomes boost savings | USN&WR
● US ISM mfg. index edges up to 52.8%, beats expectations | MarketWatch
● Global manufacturing growth ticks higher in May: PMI | Markit
● Slowest increase in US mfg. new orders for almost 18 mos. | Markit
● Eurozone y-o-y consumer prices in May rose for the first time in 6 months | WSJ
● German Unemployment Falls In May | RTT
● Greece debt crisis talks held as deadline nears | BBC