By ~ calculated risk 8/31/2024 08:11:00 AM
I don’t think I’ll be able to contact you from August 20th to September 4th.
We’ll be back for the August employment report.
The main report this week is the August employment report, due out on Friday.
Other key indicators include the August ISM manufacturing index, August auto sales and the July trade deficit.
—– Monday, September 2 —–
All US markets are closed subject to the following: Labor Day day off.
—– Tuesday, September 3 —–
10:00 AM: ISM Manufacturing Index August.
10:00 AM: Construction spending July.
All day long: Light car sales August.
—– Wednesday, September 4 —–
7 a.m. ET: The Mortgage Bankers Association (MBA) reports its results. Mortgage Purchase Application Index.
8:30 a.m.: Trade balance report Here are the July data from the Census Bureau.
This graph shows the US trade deficit with and without oil, according to a recent report. The blue line is the total deficit, the black line is the oil deficit, and the red line is the trade deficit excluding petroleum products.
10:00 AM: ISM Service Index August.
10 am Job postings and labor turnover rate survey Here’s the July news from BLS.
This graph shows JOLTS job openings (yellow line), hires (purple), layoffs, layoffs and other (red columns), and resignations (light blue columns).
The number of new jobs created in June fell to 8.18 million from 8.23 million in May.
The number of job postings (black) is down 10% from the previous year, and the number of retirees is down 12% from the previous year.
2pm: Federal Reserve Beige BookA system in which the Federal Reserve informally reviews the current economic conditions of each region.
—– Thursday, September 5 —–
8:15 AM: ADP Employment Report As of August. This report covers private payrolls only (not government).
8:30 a.m.: First Weekly Unemployment Claims The report is scheduled to be published.
—– Friday, September 6 —–
8:30 a.m.: Employment Report August.
In July, 114,000 jobs were added and the unemployment rate was 4.3%.
This graph shows the number of jobs added each month since January 2021.
