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Thursday: ADP Employment, Unemployment Claims, Trade Deficit, ISM Non-Mfg, Q3 Flow of Funds

Summary:
Thursday:• At 8:15 AM ET, The ADP Employment Report for November. This report is for private payrolls only (no government).  The consensus is for 175,000 jobs added, down from 227,000 in October.• At 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for 225 thousand initial claims, down from 234 thousand the previous week.• At 8:30 AM, Trade Balance report for October from the Census Bureau. The consensus is the trade deficit to be .9 billion.  The U.S. trade deficit was at .0 billion in September.• At 10:00 AM, the ISM non-Manufacturing Index for November.  The consensus is for a decrease to 59.0 from 60.3.• At 12:00 PM, Q3 Flow of Funds Accounts of the United States from the Federal Reserve.

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Thursday:
• At 8:15 AM ET, The ADP Employment Report for November. This report is for private payrolls only (no government).  The consensus is for 175,000 jobs added, down from 227,000 in October.

• At 8:30 AM, The initial weekly unemployment claims report will be released.  The consensus is for 225 thousand initial claims, down from 234 thousand the previous week.

• At 8:30 AM, Trade Balance report for October from the Census Bureau. The consensus is the trade deficit to be $54.9 billion.  The U.S. trade deficit was at $54.0 billion in September.

• At 10:00 AM, the ISM non-Manufacturing Index for November.  The consensus is for a decrease to 59.0 from 60.3.

• At 12:00 PM, Q3 Flow of Funds Accounts of the United States from the Federal Reserve.
Bill McBride
A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.

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