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2nd Sep 2021 13:50U.S., Economic Monitor

  • A 400K payroll print today would confirm other evidence pointing to a clear Delta hit to growth.
  • September payrolls likely will be depressed too; that's the last report before the November FOMC meeting.
  • Delta damage to discretionary consumers' spending signals downside risk for ISM services today.

downside risks employment fed fomc growth index ism job growth labor labor market manufacturing markets November October payroll payroll gains payroll numbers payrolls retail September services index survey unemployment

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Keywords for: Payroll Gains Likely Losing Momentum, Thanks to Delta

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