"We expect the choppiness in the data to persist in the near term, but look for the broader underlying trend in both the quarterly national index and the monthly composite-20 index to remain positive, " Chen says.
Gerard Bermingham senior vice president of business strategy for Information Mosaic, wrote that without a defined cutover date, data coexistence could persist indefinitely.
Further, European debt issues persist and much of the recent data prior to stronger-than-forecast U.S. non-farm payrolls on Friday have fallen short of market expectations.