Take Five: Jobs, crackdowns and a fork

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Reuters

(Reuters) – 1/ OUT OF SURPRISES? Is this year’s sharp U.S. growth rebound losing momentum? A raft of economic data due in the world’s biggest economy will provide clues. U.S. non-farm payrolls on Aug. 6 will offer a snapshot of July hiring. Economists polled by Reuters forecast the economy added 926,000 jobs in July after June’s forecast-beating 850,000 in June. Before the payrolls, the ISM manufacturing report and Purchasing Managers’ Index (PMI) surveys will be released. The strength of U.S. economic numbers has at least partly driven stock market gains. But forecast-beating data might becom…

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