For the U.S. jobs data impact on other September reports
For the U.S. jobs data impact on other September reports, analysts expect a 0.4% personal income rise that leaves a 0.3% average rise in Q3, after average gains of just 0.2% in Q2, a sturdy 0.6% in Q1 but 0.0% in Q4, as taxpayers pushed income into the 2017 tax year from Q4. Analysts expect Q3 growth of 2.9% for total and 2.2% for disposable income, following respective rates of 3.0% and 3.6% in Q2. Industrial production is poised for a 0.4% September bounce after the hurricane-depressed 0.9% drop in August, with a flat factory hours-worked figure but a 0.8% rise for mining. Analysts expect a restrained 1% utility bounce after a 5.5% August plunge, as power plants came back on line. Analysts assume a 5% vehicle assembly rise to a 11.2 M rate. Analysts expect a Q3 growth rate for industrial production of 0.3%, after rates of 5.7% in Q2 and 1.6% in Q1. For construction, hours-worked fell 0.2% in September with an 8k construction job increase. Analysts expect a boost to construction spending from Harvey and Irma in September despite a net hit from Irma during the BLS survey week, and analysts assume a 0.7% September headline rise after a 0.5% August gain.