The Mortgage Bankers’ Association purchase index will be released at 7:00 AM Eastern time, providing an update on the quantity of new mortgages and refinancings closed in the last week.
The Challenger Job-Cut Report will be released at 7:30 AM Eastern time, providing an estimate of the number of layoffs in November.
At 8:15 AM Eastern time, the monthly ADP Employment Report will be released. Investors will be watching this number to get advance notice on the state of the job market in advance of the government’s report on Friday.
At 8:30 AM Eastern time, the revised Productivity and Costs report for the third quarter of 2011 will be released. The consensus is that non-farm productivity increased by 2.6% in the last quarter and labor unit costs decreased 2.3%.
At 10:30 AM Eastern time, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.
At 3:00 PM Eastern time, the Farm Prices report for November will be released, giving investors and economists an indication of the direction of food prices in the coming months.
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