Economic Data Scheduled For Friday

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  • U.S. jobs report for July is scheduled for release at 8:30 a.m. ET. After rising 4.8 million in June, nonfarm payrolls are projected to increase 1.675 million in July. The unemployment rate is projected to decline to 10.5% from June's reading of 11.1%.
  • Data on wholesale inventories for June will be released at 10:00 a.m. ET. Analysts expect wholesale inventories to decline 2% in June.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
  • Data on consumer credit for June will be released at 3:00 p.m. ET.
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