It could take weeks if not months for the deceleration in global growth to show up
in other economic data,» Mr. Chamie said.
In addition to Friday's jobs report, this week brings a handful
of other economic data releases with the potential to affect markets.
While the extent of the seasonal problem will be debated, monitoring year - over-year growth rates is a matter of simple prudence at this juncture not only for ECRI's indexes but also
for other economic data.
In other economic data out on Monday, ANZ jobs ads showed employer demand for more staff is finally picking up pace.
Such an improvement would reduce the immediacy of our downside concerns, regardless of the level of overvaluation, and regardless
of other economic data.
Other economic data to be released today includes an update on import and export prices from the Labor Department at 8:30 a.m. ET.
November's solid jobs report gave the Fed a final piece of evidence, clearing the way for a December rate hike, but now the question is how fast can it raise rates given weakness in
some other economic data.
For most state residents, unemployment numbers and
other economic data have become so ubiquitous in the newspapers and on the television that we almost do not even notice them anymore.