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Economic Events on September 2, 2010
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6:37 am
September 2, 2010


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.

The Monster Employment Index for August was released today, and the index moved down 2 points to a value of 136, which was an increase of 12% from last year.

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 470,000 new jobless claims last week, which would would be an slight decrease in claims from last week’s number.

Also at 8:30 AM EDT, the Productivity and Costs report for the second quarter of 2010 will be released.  The consensus is that non-farm productivity was decreased by 1.9% in the last quarter and labor unit costs increased 1.2%.

At 9:00 AM EDT, Ben Bernanke and Sheila Bair will testify before the Financial Crisis Inquiry Commission.

At 10:00 AM EDT, the Factory Orders report will be released.  The consensus is for an decrease of 0.5% in orders in June, after a drop of 1.4% in May.

Also at 10:00 AM EDT,the value of the pending home sales index for July will be announced.

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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