Employment and Economic Data: What You Should Anticipate This Week
As we round out October and move into November, investors will begin to focus on economic data, looking for any signs of growth and other additional economic easing. The Fed will be meeting on Wednesday and have hinted that they could purchase additional MBS to help stimulate the economy. ISM Manufacturing and Construction Spending reports will be released tomorrow, with ISM Services, Factory Orders and Productivity reports following on Thursday. However, the most important report to keep your eye on will be the always highly anticipated Employment Data Report on Friday. This data will help predict any economic growth we might experience in November and will have an immense effect on investors and rates.