U.S. Economic Updates This Week Will Help Clear The Data Fog
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James Picerno6.87K FollowersFollow5ShareSavePlay(5min)CommentsSummaryLingering effects from the government shutdown continue to blur economic analysis, but two reports scheduled this week will provide markets with some much-needed clarity on how the fourth quarter is unfolding.The consensus forecast calls for hiring to slow sharply in November to +40,000, down from 119,000 in September, according to Econoday.com’s survey results.Even if the incoming numbers are better than expected, the interruption of the government’s data collection during the shutdown will continue to muddy the waters. Dilok Klaisataporn/iStock via Getty Images Lingering effects from the government shutdown continue to blur economic analysis, but two reports scheduled this week will provide markets with some much-needed clarity on how the fourth quarter is unfolding. November reports fromThis article was written byJames Picerno6.87K FollowersFollowJames Picerno is the director of analytics at The Milwaukee Co., a wealth manager that is the adviser to The Brinsmere Funds, a pair of global asset allocation ETFs. He also edits CapitalSpectator.com and The US Business Cycle Research Report (CapitalSpectator.com/premium-research). He is the author of three books, including "Quantitative Investment Portfolio Analytics In R: An Introduction To R For Modeling Portfolio Risk and Return." Previously he was a financial journalist at Bloomberg and before that at Dow Jones.