US employment: Economists forecast the US economy added 170,000 jobs in December, down from 199,000 jobs added in November and for the unemployment rate to tick up 0.1 percentage point to 3.8 per cent.
Canada employment: The economy is predicted to have added 13,500 jobs last month, down from 24,900 jobs in November, while the unemployment rate is expected to have ticked up to 5.9 per cent.Â
US services growth: Activity in the US services sector is expected to have expanded for the 12th consecutive month in December. The Institute for Supply Management’s non-manufacturing index is expected to have edged down to 52.6 in December from 52.7 in November, according to economists polled by Refinitiv. A reading above 50 indicates an expansion.
US factory orders: Manufacturing activity is expected to have increased in November, with factory orders growing 2.1 per cent compared with a 3.6 per cent decline in October, according to a Refinitiv poll.