Moreover, real GDP growth for the fourth quarter was 2.6 percent and the Institute for Supply Management reported slower growth in manufacturing last month, both
missing market consensus forecasts.»
The economy added 171,000 jobs, above
the market consensus forecast, and the two prior months were revised up a combined 84,000.
The economy added 163,000 jobs in July, well above
the market consensus forecast of 100,000, and the largest increase since February.
The economy gained 165,000 new jobs on net last month, more than
the market consensus forecast and the largest monthly increase this year,» said Frank Nothaft, vice president and chief economist of Freddie Mac.
«The overall producer price index rose 0.1 percent between November and December, below
the market consensus forecast, and the consumer price index was unchanged.
Although 146,000 jobs were created, above
the market consensus forecast of 85,000, revisions subtracted 49,000 workers over the September and October period,» says
«Also, the economy added 192,000 jobs in March, which was below
the market consensus forecast but followed an upward revision of 22,000 jobs in February.
Also, the Institute for Supply Management reported a greater slowing in growth in the non-manufacturing industry in December than
the market consensus forecast.»