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20th Jan 2022 00:20U.S., Daily Monitor

  • The preliminary Homebase data for December signal falling payrolls, even allowing for upward revisions.
  • The Philly Fed index likely will follow the plunge in the Empire State, hit by the Omicron wave.
  • Jobless claims likely rose for a third straight week, thanks to the seasonals, which will soon reverse.

activity economy empire state employment fed fomc FOMC meeting forecast forecasts growth index industrial economy investors it labor oil oil prices orders payroll payroll growth payroll numbers payrolls philly fed philly index policymakers prices private payroll private payrolls report services supply supply chain survey us

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Keywords for: The First Look at January Payrolls is not for the Faint-Hearted

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