Comments on July Employment Report

July Employment Report: 73 thousand Jobs, 4.2% Unemployment Rate

Friday: Employment Report, ISM Mfg, Construction Spending

July Employment Preview

Hotels: Occupancy Rate Decreased 0.7% Year-over-year; Weak Summer Continues

Freddie Mac House Price Index Declined in June; Punta Gorda, Florida has passed Austin as the worst performing city

PCE Measure of Shelter Unchanged at 4.1% YoY in June

Personal Income Increased 0.3% in June; Spending Increased 0.3%

Weekly Initial Unemployment Claims Increase to 218,000

Thursday: Unemployment Claims, Personal Income and Outlays