by calculated risk 2024/9/28 08:11:00 AM
The key report scheduled for this week is Friday’s September jobs report.
Other key indicators include the September ISM Manufacturing and Services Index and September Automobile Sales.
—– Monday, September 30th —–
10:30am: Dallas Fed Manufacturing Activity Survey For September.
9:45am: Chicago Purchasing Managers Index For September. The consensus was 46.5, up from 46.1 in August.
1:55pm: Speech by Federal Reserve Chairman Jerome Powell, economic outlookat the National Association of Business Economics (NABE) Annual Meeting in Nashville, Tennessee.
—– October 1st (Tuesday) —–
10am: Recruitment/turnover rate survey From BLS in August.
This chart shows job openings (black line), hires (purple), layoffs, layoffs and other (red column), and terminations (light blue column) from JOLTS.
10am: ISM Manufacturing Index For September. The consensus was 47.6, up from 47.2 in August.
10am: construction expenditure For August. The consensus is for a rise of 0.1%.
All day: light car sales For September.
The consensus is for sales to be SAAR 15.7 million, up from SAAR 15.1 million (seasonally adjusted annual rate) in August.
This graph shows light vehicle sales since BEA began keeping data in 1967. The dashed line is the current sales rate.
—– Wednesday, October 2nd —–
7:00 a.m. ET: Mortgage Bankers Association (MBA) Mortgage loan purchase application index.
8:15am: ADP Employment Report For September. This report is for private payroll only (not government). The consensus was for payrolls to rise by 110,000, up from 99,000 in August.
—– October 3rd (Thursday) —–
8:30am: First weekly unemployment claim The report will be published. The consensus was 224,000 initial claims, up from 218,000 last week.
10am: ISM Service Index For September.
—– Friday, October 4th —–
8:30am: employment report For September. The consensus is that employment will increase by 145,000 people and the unemployment rate will remain unchanged at 4.2%.
In August, 142,000 jobs were added, bringing the unemployment rate to 4.2%.
This chart shows the number of jobs added each month since January 2021.
