Economic Events on July 29, 2011

At 8:30 AM EDT, the advance GDP report for the second quarter of 2011 will be announced.  The consensus is an increase of 1.9% in real GDP and an increase of 2.0% in the GDP price index.  The real GDP estimate is the same as the final value for the first quarter of 2011, and the GDP price index estimate is also the same.

Also at 8:30 AM EDT, the Employment Cost Index for the first quarter of 2011 will be announced.

At 9:45 AM EDT, the Chicago PMI Index for July will be announced.  The consensus index value is 61.1, which is the same as last month, and is still well above the break-even level at 50.

At 9:55 AM EDT, Consumer Sentiment for the second half of July will be announced.  The consensus is that the index will be at 64.0, which is 0.2 points higher than the value reported in the first half of the month.

At 3:00 PM EDT, the Farm Prices report for July will be released, giving investors and economists an indication of the direction of food prices in the coming months.

Join the forum discussion on this post - (1) Posts

Leave a Reply

 

 

 

You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>