At 3:00 PM Eastern time, the Consumer Credit report for March will be released. The consensus estimate is that there will be an increase of $9.8 billion in the consumer credit available, after an increase of $8.7 billion in the previous month.
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At 3:00 PM Eastern time, the Consumer Credit report for March will be released. The consensus estimate is that there will be an increase of $9.8 billion in the consumer credit available, after an increase of $8.7 billion in the previous month. The Monster Employment Index for April was released today, and the index moved up 3 points from last month to a value of 146, and is 1% higher than last April’s value. At 8:30 AM EDT, the Employment Situation report for April will be announced, and the consensus for non-farm payrolls is an increase of 165,000 jobs compared to 120,000 in the previous month, the consensus for the unemployment rate is that it will remain at 8.2%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.5 hours. 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 Challenger Job-Cut Report will be released at 7:30 AM Eastern time, providing an estimate of the number of layoffs in November. At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 378,000 new jobless claims last week, which would would be 10,000 less than the previous week. Also at 8:30 AM Eastern time, the Productivity and Costs report for the first quarter of 2012 will be released. The consensus is that non-farm productivity decreased by 0.4% in the last quarter and labor unit costs increased 2.5%. At 9:45 AM Eastern time, 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 Eastern time, the ISM non-manufacturing index for April will be released. The consensus estimate is that it remained at a value of 56.0, and will continue to signal economic growth as it remains above the mid-point of 50. At 10:30 AM Eastern time, 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 Eastern time, 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 Eastern time, 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. 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. 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 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 10:00 AM Eastern time, the Factory Orders report for March will be released. The consensus is that there was a decrease of 1.6% in orders from the previous month. The figures for motor vehicle sales for April will be released today. The consensus estimate is that 14.4 million autos were sold last month, which would be the same as the previous month. At 7:45 AM Eastern time, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales. At 8:55 AM Eastern time, the weekly Redbook report will be released, giving us more information about consumer spending. At 10:00 AM Eastern time, the Construction Spending report for March will be released, and the consensus is that there was an increase of 0.5% in spending compared to the previous month. Also at 10:00 AM Eastern time, the ISM manufacturing index for April will be released. The consensus estimate is that it decreased 0.4 points last month to a value of 53.0, but will still signal economic growth as it stays above the mid-point of 50. At 8:30 AM Eastern time, the monthly Personal Income and Outlays report for March will be released. The consensus for Personal Income is an increase of 0.3% over the previous month and the consensus Consumer Spending index change is an increase of 0.4%. At 9:45 AM Eastern time, the Chicago PMI Index for April will be announced. The consensus index value is 60.8, which is 1.2 points lower than last month, but is still above the break-even level at 50. At 10:30 AM Eastern time, the Dallas Fed Manufacturing Index for April will be released. At 3:00 PM Eastern time, the Farm Prices report for April will be released, giving investors and economists an indication of the direction of food prices in the coming months. At 8:30 AM Eastern time, the advance GDP report for the first quarter of 2012 will be announced. The consensus is an increase of 2.5% in real GDP and an increase of 2.1% in the GDP price index. At 8:30 AM Eastern time, the Employment Cost Index for the first quarter of 2012 will be announced. The consensus is an increase of 0.5% from the previous quarter. At 9:55 AM Eastern time, Consumer Sentiment for the second half of April will be announced. The consensus is that the index will be at 75.8, which is 0.1 points higher than the value reported in the first half of the month. At 8:30 AM Eastern time, the U.S. government will release its weekly Jobless Claims report. The consensus is that there were 375,000 new jobless claims last week, which would would be 9,000 less than the previous week. Also at 8:30 AM Eastern time, the Chicago Fed National Activity Index for October will be released, providing an update on economic activity and inflationary pressure in the United States. At 9:45 AM Eastern time, 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 Eastern time, the pending home sales index for March will be announced. The consensus is that the index increased 1.0% last month. At 10:30 AM Eastern time, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States. At 11:00 AM Eastern time, the Kansas City Fed Manufacturing Index for April will be released. At 4:30 PM Eastern time, 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 Eastern time, 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. 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. At 8:30 AM Eastern time, the Durable Goods Orders report for March will be released. The consensus is that there was a decrease of 1.5% from the previous month. 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 12:30 PM Eastern time, the FOMC Meeting Announcement will be made, which will provide insight into how long the Federal Reserve plans to keep their rates target at 0% to 0.25%. It is assumed that there will be no immediate change in the Fed funds target rate, but any hint that rates could rise in the future could have an impact on the bond market and stock market. At 2:30 PM Eastern time, Federal Reserve Chairman Ben Bernanke will hold a briefing to explain the FOMC Meeting Announcement. At 7:45 AM Eastern time, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales. At 8:55 AM Eastern time, the weekly Redbook report will be released, giving us more information about consumer spending. At 9:00 AM Eastern time, the monthly S&P/Case-Shiller home price index report will be released. Given that most economists don’t expect the overall U.S. economy to improve until housing prices end their decline, the market will be watching this number closely. At 10:00 AM Eastern time, the monthly report on Consumer Confidence for April will be released. The consensus index level is 69.7, which would be a 5 point decrease from last month’s number. Also at 10:00 AM Eastern time, the New Home Sales report for March will be released. The consensus is that 318,000 new homes were sold last month, which would be 5,000 more than the prior month. Also at 10:00 AM Eastern time, the FHFA House Price Index for February will be released, providing more information about the direction of the housing market. Also at 10:00 AM Eastern time, the Richmond Fed Manufacturing Index for April will be released. The consensus is that the index will be at 8, which would be an increase of 1 point from the previous month. Also at 10:00 AM Eastern time, the State Street Investor Confidence Index will be released, which looks at changes in the amount of equities held in the portfolios of institutional investors. |
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