Economic Events on July 8, 2011

The Monster Employment Index for June was released today, and the index moved up 3 points to a value of 146, which is 3.5% higher than last June’s value.

At 8:30 AM EDT, the Employment Situation report for June will be announced, and the consensus for non-farm payrolls is an increase of 105,000 jobs compared to a gain of 54,000 in the previous month, the consensus for private payrolls is an increase of 125,000 jobs compared to a gain of 83,000 in the previous month, the consensus for the unemployment rate is that it will decrease  0.1 % to 9.0%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.4 hours.

At 10:00 AM EDT, the Wholesale Trade report will be released for May, showing inventory levels for wholesalers in the United States.

At 3:00 PM EDT, the Consumer Credit report for May will be released.  The consensus estimate is that there will be an increase of $4.0 billion in the consumer credit available from April to May, after an increase of $6.4 billion last month.

Economic Events on June 3, 2011

The Monster Employment Index for May was released today, and the index moved down 2 points to a value of 143, which is 7% higher than last May’s value.

At 8:30 AM EDT, the Employment Situation report for May will be announced, and the consensus for non-farm payrolls is an increase of 170,000 jobs compared to a gain of 244,000 in the previous month, the consensus for private payrolls is an increase of 180,000 jobs compared to a gain of 268,000 in the previous month, the consensus for the unemployment rate is that it will decrease  0.1 % to 8.9%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.3 hours.

At 10:00 AM EDT, the ISM non-manufacturing index for May will be released.  The consensus estimate is that increased by 1.2 points to a value of 54.0, and will continue to signal economic growth as it remains above the mid-point of 50.

Economic Events on May 6, 2011

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 a gain of 216,000 in the previous month, the consensus for the unemployment rate is that it will remain at 8.8%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.3 hours.

At 3:00 PM EDT, the Consumer Credit report for March will be released.  The consensus estimate is that there will be an increase of $5.0 billion in the consumer credit available from February to March, after an increase of $7.6 billion last month.

Economic Events on April 1, 2011

The figures for motor vehicle sales in March will be released today.  The consensus estimate is that 10 million domestic autos were sold last month, which would be a decrease of 200,000 from the previous month.

At 8:30 AM EDT, the Employment Situation report for March will be announced, and the consensus for non-farm payrolls is an increase of 200,000 jobs compared to a gain of 192,000 in the previous month, the consensus for the unemployment rate is that it will remain at 8.9%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.3 hours.

At 10:00 AM EDT, the Construction Spending report for February will be released, and the consensus is that there will a decrease of 0.3% in spending compared to the previous month.

Also at 10:00 AM EDT, the ISM manufacturing index for March will be released.  The consensus estimate is that it decreased 0.2 points last month to a value of 61.2, and will continue to signal economic growth as it remains above the mid-point of 50.

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Economic Events on March 4, 2011

At 8:30 AM EST, the Employment Situation report for February will be announced, and the consensus for non-farm payrolls is an increase of 200,000 jobs compared to a gain of 36,000 in the previous month, the consensus for the unemployment rate is that it will increase by 0.1% to 9.1%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.3 hours.

At 10:00 AM EST, the Factory Orders report for January will be released.  The consensus is that there was an increase of 2.0% in orders from the previous month.

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Economic Events on February 4, 2011

The Monster Employment Index for January was released today, and the index moved down 8 points to a value of 122, but is 7% higher than last January’s value.

At 8:30 AM EST, the Employment Situation report for January will be announced, and the consensus for non-farm payrolls is an increase of 150,000 jobs compared to a gain of 103,000 in the previous month, the consensus for the unemployment rate is that it will increase by 0.1% to 9.5%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.3 hours.

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Economic Events on January 7, 2011

At 8:30 AM EST, the Employment Situation report for December will be announced, and the consensus for non-farm payrolls is an increase of 160,000 jobs compared to a gain of 39,000 in November, the consensus for private payrolls is an increase of 180,000 jobs compared to a gain of 50,000 in November, the consensus for the unemployment rate is that it will decrease by 0.1% to 9.7%, the consensus average hourly earnings rate is expected to increase 0.1%, and the consensus for the average workweek is 34.3 hours.

At 10:00 AM EST, Federal Reserve Chairman Ben Bernanke will testify before the Senate Budget Committee on monetary and fiscal policy.

At 3:00 PM EST, the Consumer Credit report for November will be released.  The consensus estimate is that there will be an increase of $2.0 billion in the consumer credit available from October to November, after an increase of $3.4 billion last month.

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Economic Events on December 3, 2010

At 8:30 AM EST, the Employment Situation report for November will be announced, and the consensus for non-farm payrolls is an increase of 168,000 jobs compared to a gain of 151,000 in October, the consensus for the unemployment rate is that it will increase to 9.7%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.3 hours.

At 10:00 AM EST, the ISM non-manufacturing index for November will be released.  The consensus estimate is that it increased 0.7 points last month to a value of 55.0, and will continue to signal economic growth as it remains above the mid-point of 50.

Also at 10:00 AM EST, the Factory Orders report for October will be released.  The consensus is for an decrease of 0.8% in orders.

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Economic Events on November 5, 2010

At 8:30 AM EDT the Employment Situation report for October will be announced, and the consensus for non-farm payrolls is an increase of 60,000 jobs compared to a loss of 95,000 in September, the consensus for the unemployment rate is that it will remain at 9.6%, the consensus average hourly earnings rate is expected to increase 0.2%, and the consensus for the average workweek is 34.2 hours.

At 10:00 AM EDT,the value of the pending home sales index for September will be announced.

At 2:00 PM EDT, Ben Bernanke will speak to college students at Jacksonville University.

At 3:00 PM EDT, the Consumer Credit report for September will be released.  The consensus estimate is that there will be an decrease of $3 billion in the consumer credit available from August to September, which would be the eighth month of declines in a row.

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Economic Events on October 8, 2010

At 8:30 AM EDT the Employment Situation report for September will be announced, and the consensus for non-farm payrolls is an decrease of 8,000 jobs compared to a loss of 54,000 in August, the consensus for private payrolls is an increase of 85,000 jobs  compared to a gain of 67,000 in August, the consensus for the unemployment rate is that it will increase by 0.1% to 9.7%, the consensus average hourly earnings rate is expected to increase 0.1%, and the consensus for the average workweek is 34.2 hours.

At 10:00 AM EDT, the Wholesale Trade report will be released for August, showing inventory levels for wholesalers in the United States.

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