US Week Ahead: Nonfarm Payrolls, ISM Non-Manuf, Factory Orders, UoM

We expect November nonfarm payrolls to increase by 80K, following a 171K advance in October. The November payroll figures are expected to show the negative impact of Hurricane Sandy. Our best guess is that the stormrelated job losses may have totaled 75K, implying an underlying trend gain of 155K….

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US Week Ahead: Nonfarm Payrolls, ISM Non-Manuf, Factory Orders, UoM

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