Market Weekly: Oct 2 Oct 6 2017


September Consumer Credit increases $13.1B (M/M) vs. $15.5B consensus and $17.7B prior (revised).
Aug. Wholesale Trade: Inventories +0.9% M/M to $608.1B vs. +1.0% consensus, +0.6% in July (revised).
Sales +1.7% to $473.4B.
Inventory to Sales ratio rises to 1.28.

September Nonfarm Payrolls: -33K vs. consensus +100K, +169K previous (revised).
Unemployment rate: 4.2% vs. 4.4% consensus, 4.4% previous.
Participation rate 62.8% vs. 62.8% expected.
Private payrolls -40K vs. 75K expected.
Hourly earnings +0.5% M/M vs. +0.3% expected.
Average week hours 34.4 vs. 34.4 expected.