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Economic Events on November 3, 2011
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8:34 pm
November 3, 2011


B.P.T.

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The monthly Chain Store Sales report will be released today.  This report on sales in chain stores gives a look at the health of stores that make up about 10% of all retail sales.

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 400,000 new jobless claims last week, which would would be 2,000 less than the previous week.

Also at 8:30 AM EDT, the Productivity and Costs report for the third quarter of 2011 will be released.  The consensus is that non-farm productivity increased by 2.5% in the last quarter and labor unit costs decreased 0.7%.

At 9:45 AM EDT, the weekly Bloomberg Consumer Comfort Index will be released, providing an update on Americans’ views of the U.S. economy, their personal finances and the buying climate.

At 10:00 AM EDT, the Factory Orders report for September will be released.  The consensus is that there was a decrease of 0.2% in orders from the previous month.

Also at 10:00 AM EDT, the ISM non-manufacturing index for October will be released.  The consensus estimate is that increased by 0.5 points to a value of 53.5, and will continue to signal economic growth as it remains above the mid-point of 50.

At 10:30 AM EDT, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.

At 4:30 PM EDT, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.

Also at 4:30 PM EDT, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or removing reserves.


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