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 US Non-Farm Payrolls Tends to Disappoint in the Month of July

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PostSubject: US Non-Farm Payrolls Tends to Disappoint in the Month of July   US Non-Farm Payrolls Tends to Disappoint in the Month of July Icon_minitimeWed Jun 27, 2012 10:29 am

US Non-Farm Payrolls Tends to Disappoint in the Month of July


Quotes from RBS:
-In terms of US non-farm payrolls, there appears to be a tendency for the headline number to disappoint in July.
-In 8 of the past 10 Julys, NFP (data for the month of June) has surprised to the downside.
-However, for next week, RBS US Economics is looking for the headline NFP to rise by 110k, a 14k overshoot relative to expectations.


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