Job Numbers Analysis

• January 6, 2017
• realestate
• Business & Markets, Real Estate Finance

This is a mixed bag. The headline Non Farm Payrolls was lower than expectations by 22,000, but the revision to the prior two months were + 19,000…so that is a wash. The wage data was higher than expected. The headline Non Farm Payroll is positive for pricing, but in totality, this report really isn’t weak enough to spark a rally for interest rates.