Goldman Sachs hikes non-farm payrolls forecast

To +125K from +75K. They cite better ISM employment components, online job ads, ADP and claims.

The bigger picture is that the US economy may be slowing to sub-2% growth. A number of firms have noted that the latest ISM numbers point to growth around 1.5%.

Of course, the same lousy economists (and some Fed members) were forecasting +3% growth a few months ago.