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18th Oct 2022 15:24U.S., Daily Monitor

  • The initial Homebase data for the October survey week point to much weaker payroll growth.
  • Hurricane Ian likely accounts for some of the slowing, but most of it looks to be real.
  • Housing construction as falling; it has a long way to go, given the ongoing plunge in home sales.

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construction October payroll payrolls survey

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Keywords for: 19 Oct 2022 US Monitor

construction, October, payroll, payrolls, survey, Pantheon Macro, Pantheon Macroeconomics, independent macro research, independent research, ian shepherdson, economic intelligence