This is a key figure for market bulls
From Reuters:
U.S. data next week will likely show the economy is still on solid ground despite struggling early in the first quarter. On Tuesday, the Commerce Department is expected to show the trade deficit narrowing to $44.9 billion in February from $48.5 billion in January. On Wednesday, the Institute for Supply Management will likely report its services sector index held steady at 57.0 in March. A report from payrolls processor ADP is expected to show private sector employment increased 185,000 in March after accelerating 298,000 in February. On Friday, the Labor Department’s closely watched employment report is expected to show nonfarm payrolls increased 180,000 in March after rising 235,000 in February. The unemployment rate is seen holding steady at 4.7 percent. Average hourly earnings are expected to have increased 0.3 percent after a similar gain in February.


