The following are median forecasts for this week’s remaining U.S. data from a survey compiled by The Wall Street Journal.
The FOMC statement is scheduled for Wednesday at 2:00 p.m. ET, followed by a press conference with Fed Chairman Jerome Powell at 2:30 p.m. ET.
DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS
(ET)
Tuesday
1000 Job Openings Mar 9.7M (12) 9.9M
1000 Factory Orders Mar +1.3% (17) -0.7%
Wednesday
0815 ADP Jobs Apr +133K (10) +145K
0945 S&P Global U.S. Svcs PMI Apr 53.7 (11) 53.7*
1000 ISM Non-Mfg PMI Apr 51.8 (25) 51.2
Thursday
0830 Jobless Claims Apr 29 236K (20) 230K
0830 Productivity (Prelim) 1Q -1.9% (20) +1.7%**
0830 Unit Labor Costs (Prelim) 1Q +5.5% (20) +3.2%**
0830 U.S. Trade Deficit Mar $63.1B (25) $70.54B
Friday
0830 Nonfarm Payrolls Apr +180K (27) +236K
0830 Unemployment Rate Apr 3.6% (27) 3.5%
0830 Avg. Hourly Wages M/M*** Apr +0.3% (25) +0.27%
0830 Avg. Hourly Wages Y/Y*** Apr +4.2% (10) +4.2%
1500 Consumer Credit Mar +$16.8B (12) +$15.3B
*Apr Flash Reading
**4Q Revised Reading
***All private-sector workers
(END) Dow Jones Newswires
May 01, 2023 14:16 ET (18:16 GMT)