Change in Nonfarm Payrolls (Jan)
| Survey | 70K |
| Actual | -17K |
| Prior | 18K |
| Revised | 82K |
Last negative number was August – got revised up.
Apart from the unrevised January number, the revised previous numbers don’t look too bad.
(See following report.)
Unemployment Rate
| Survey | 5.0% |
| Actual | 4.9% |
| Prior | 5.0% |
| Revised | n/a |
Slight downtic.
The Fed calls 4.75% full employment.
So, this is close enough.
Change in Manufacturing Payrolls (Jan)
| Survey | -20K |
| Actual | -28K |
| Prior | -31K |
| Revised | -20K |
Suspiciously low as a per December durable goods and export numbers.
Average Hourly Earnings MoM (Jan)
| Survey | 0.3% |
| Actual | 0.2% |
| Prior | 0.4% |
| Revised | n/a |
Average Hourly Earnings YoY (Jan)
| Survey | 3.9% |
| Actual | 3.7% |
| Prior | 3.7% |
| Revised | n/a |
Seems to be under control though a weak productivity number could raise unit labor costs.
Average Weekly Hours
| Survey | 33.8 |
| Actual | 33.7 |
| Prior | 33.8 |
| Revised | n/a |
Down a bit. Fairly steady.
RPX Composite 28dy YoY (Nov)
| Survey | n/a |
| Actual | -4.1681 |
| Prior | -3.4285 |
| Revised | n/a |
RPX Composite 28dy Index (Nov)
| Survey | n/a |
| Actual | 254.3 |
| Prior | 255.5 |
| Revised | 258.9 |
November housing was weak.
U. of Michigan Confidence (Jan F)
| Survey | 79.0 |
| Actual | 78.4 |
| Prior | 80.5 |
| Revised | n/a |
Not bad.
Both current and expected improved.
U. of Michigan TABLE
ISM Manufacturing (Jan)
| Survey | 47.3 |
| Actual | 50.7 |
| Prior | 47.7 |
| Revised | 48.4 |
Back to growth mode.
ISM Prices Paid (Jan)
| Survey | 68.0 |
| Actual | 76.0 |
| Prior | 68.0 |
| Revised | n/a |
Inflation ripping here.
Construction Spending MoM (Dec)
| Survey | -0.5% |
| Actual | -1.1% |
| Prior | 0.1% |
| Revised | -0.4% |
Still bumping along the bottom.