by Calculated Risk August 31, 2024, 8:11 AM
You will be out of contact from August 20th to September 4th.
We’ll be back for the August jobs report.
The main report this week is the August employment report on Friday.
Other key indicators include the ISM manufacturing index for August, August auto sales and July’s trade deficit.
—– Monday, September 2nd —–
All US markets are closed labor day holiday.
—– Tuesday, September 3 —–
10AM: ISM Manufacturing Index For August.
10AM: Construction Expenditures July edition.
All day: Light vehicle sales For August.
—– Wednesday, September 4th —–
7:00 AM EST: The Mortgage Bankers Association (MBA) Mortgage Purchase Application Index.
8:30 AM: Trade balance report July statistics from the Census Bureau.
This graph shows the US trade deficit with and without oil up to the latest report. The blue line is the total deficit, the black line is the oil deficit, and the red line is the trade deficit excluding petroleum products.
10am: ISM Service Index For August.
10:00 AM Job/resignation survey BLS July issue.
The graph shows job openings from JOLTS (yellow line), hires (purple), layoffs, firings and other (red columns), and resignations (light blue columns).
The number of job openings in June fell to 8.18 million from 8.23 million in May.
The number of job openings (black) decreased by 10% compared to the previous year, and the number of resignations decreased by 12% compared to the previous year.
2pm: Federal Reserve Beige BookIt is an informal review by the Federal Reserve Bank of the current economic conditions in each district.
—– Thursday, September 5th —–
8:15 AM: ADP Employment Report For August. This report covers private payrolls only (not government payrolls).
8:30 AM: Unemployment claims (weekly) The report will be published.
—– Friday, September 6th —–
8:30 AM: Employment Report For August.
In July, 114,000 jobs were added, putting the unemployment rate at 4.3%.
This chart shows the number of jobs added each month since January 2021.
