Not ALL bad in Nonfarm Payroll report
September 06, 2008 at 17:49 PM EDT
[Skip to the end] from Cesar at Valance: trend in construction job losses looking better- consistent with housing market getting to a point where drag on GDP will disappear. the prints since March are -39, -59, -38, -50, -20, and -8 in August Diffusion index jumped from 41.4 to 48.9 (less sectors with job losses) 37k of 101k [...]