Interest Rate Watch
September 1st, 2006 • Business
Upcoming Economic Indicators
Friday's nonfarm payrolls report for August, with its data on job growth and wage inflation, is expected to be an important influence on the Fed and its next decision on short-term U.S. interest rates, on Sept. 20.
July Data
Change in Payroll Employment: History +113,000(p) in Jul 2006 Change in Average Hourly Earnings: History +$0.07(p) in Jul 2006 Change in Average Weekly Hours: History unchanged in Jul 2006 Change in Manufacturing Average Weekly Hours: History +0.2(p) in Jul 2006 Change in Aggregate Hours Index: History +0.1(p) in Jul 2006 Change in Real Earnings: History -$0.01(p) in Jul 2006
August Expectations
A rise of 120,000 in non-farm payrolls is the central market expectation for August.
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