Pantheon Macroeconomics

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4th Apr 2016 06:02U.S., Economic Monitor

The March employment report didn't tell us what we really want to know. The underlying trend in wage growth remains obscured by the calendar quirk which depresses reported hourly earnings when the 15th of the month--pay day for people paid semi-monthly -- falls after the payroll survey week.

employment growth employment growth revisions consumption ism ism manufacturing wages yellen payroll payrolls pce auto sales auto oil capex

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Keywords for: 4 Apr. 2016 While We Were Out...

employment, growth, employment growth, revisions, consumption, ism, ism manufacturing, wages, yellen, payroll, payrolls, pce, auto sales, auto, oil, capex,