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 4, 2011

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week increase of 0.3% in the Purchase Index and a week to week increase of 6.0% in the Refinance Index.

The Challenger Job-Cut Report will be released at 7:30 AM EDT, providing an estimate of the number of layoffs in April.

At 8:15 AM EDT, the 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 9:00 AM EDT, the Treasury Refunding Announcement will be released, where the U.S. Treasury states its funding needs for the next two quarters.

At 10:00 AM EDT, the ISM non-manufacturing index for April will be released.  The consensus estimate is that decreased by 0.3 points to a value of 57.0, 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 Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

Join the forum discussion on this post - (1) Posts

Economic Events on April 5, 2011

At 7:45 AM EDT, 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 EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

At 10:00 AM EDT, the ISM non-manufacturing index for March will be released.  The consensus estimate is that it remained at a value of 59.7, and will continue to signal economic growth as it remains above the mid-point of 50.

At 2:00 PM EDT, the FOMC Meeting Minutes will be released, which will provide insight into how the Federal Reserve board governors and bank presidents view the economy.

Join the forum discussion on this post - (1) Posts

Economic Events on March 3, 2011

The Monster Employment Index for February was released today, and the index moved up 8 points to a value of 130, which is 4% higher than last February’s value.

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 EST, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 395,000 new jobless claims last week, which would would be 4,000 more than the number released last week.

Also at 8:30 AM EST, the Productivity and Costs report for the fourth quarter of 2010 will be released.  The consensus is that non-farm productivity increased by 2.6% in the last quarter and labor unit costs decreased 0.3%.

At 10:00 AM EST, the ISM non-manufacturing index for February will be released.  The consensus estimate is that it decreased 0.4 points last month to a value of 59.0, and will continue to signal economic growth as it remains above the mid-point of 50.

At 10:30 AM EST, 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 EST, 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 EST, 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.

Join the forum discussion on this post - (1) Posts

Economic Events on February 3, 2011

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 EST, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 425,000 new jobless claims last week, which would would be 29,000 less than the number released last week.

Also at 8:30 AM EST, the Productivity and Costs report for the fourth quarter of 2010 will be released.  The consensus is that non-farm productivity increased by 2.3% in the last quarter and labor unit costs decreased 0.1%.

At 10:00 AM EST, the Factory Orders report for December will be released.  The consensus is that there was a decrease of 0.4% in orders from the previous month.

Also at 10:00 AM EST, the ISM non-manufacturing index for January will be released.  The consensus estimate is that it decreased 0.1 points last month to a value of 57.0, and will continue to signal economic growth as it remains above the mid-point of 50.

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

At 12:30 PM EST, Federal Reserve Chairman Ben Bernanke will speak to reporters at the National Press Club.

At 4:30 PM EST, 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 EST, 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.

Join the forum discussion on this post - (1) Posts

Economic Events on January 5, 2011

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EST, and there was a week to week decrease of 0.8% in the Purchase Index and a week to week increase of 3.9% in the Refinance Index.

The Challenger Job-Cut Report will be released at 7:30 AM EST, providing an estimate of the number of layoffs in December.

At 8:15 AM EST, the 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 10:00 AM EST, the ISM non-manufacturing index for December will be released.  The consensus estimate is that it increased 1 point last month to 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 EST, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

Join the forum discussion on this post - (1) Posts

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.

Join the forum discussion on this post - (1) Posts

Economic Events on November 3, 2010

The figures for motor vehicle sales in October will be released today.  The consensus estimate is that 8.8 million autos were sold last month, which would be an increase of 200,000 from September.

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EDT, and there was a week to week increase of 1.4% in the Purchase Index and a week to week decrease of 6.4% in the Refinance Index as interest rates remain near record lows.

The Challenger Job-Cut Report was released at 7:30 AM EDT, and it showed that there were 37,986 layoffs in October, which is about 800 more than the number of layoffs that were reported in September.

At 8:15 AM EDT, the 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 10:00 AM EDT, the ISM non-manufacturing index for October will be released.  The consensus estimate is that it increased 0.8 points last month to a value of 54.0, and will continue to signal economic growth as it remains above the mid-point of 50.

Also at 10:00 AM EDT, the Factory Orders report for September will be released.  The consensus is for an increase of 1.8% in orders.

At 10:30 AM EDT, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

At 2:15 PM EDT, the FOMC Meeting Announcement will be made, which will provide insight into how long the Federal Reserve plans to keep rates at 0%.  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.

Join the forum discussion on this post - (1) Posts

Economic Events on October 5, 2010

At 7:45 AM EDT, 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 EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

At 10:00 AM EDT, the ISM non-manufacturing index for September will be released.  The consensus estimate is that it increased 0.5 points last month to a value of 52.0, but will continue to signal economic growth as it remains above the mid-point of 50.

Join the forum discussion on this post - (1) Posts

Economic Events on September 3, 2010

At 8:30 AM EDT the Employment Situation report for August will be announced, and the consensus for non-farm payrolls is an decrease of 70,000 jobs compared to a loss of 131,000 in July, the consensus for private payrolls is an increase of 40,000 jobs  compared to a gain of 71,000 in July, the consensus for the unemployment rate is that it will increase by 0.1% to 9.6%, 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 ISM non-manufacturing index for August will be released.  The consensus estimate is that it decreased 1.3 points last month to a value of 53.0, but will continue to signal economic growth as it remains well above the mid-point of 50.

Join the forum discussion on this post - (1) Posts