Payrolls, Wages, Manufacturing Likely Grew in July, Tempering Housing Woes

(Bloomberg) -- Payrolls, wages and manufacturing in
the U.S. expanded in July, pointing to an economy that is
surviving a deepening slump in housing, economists project
reports this week will show.

Employers added 130,000 workers to payrolls this month,
about the same as in June, according to the median estimate of
economists surveyed by Bloomberg News ahead of a Labor
Department report Aug. 3. A private report Aug. 1 may show
manufacturing grew at close to the fastest pace in more than a
year.


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