This week's major U.S. economic reports (August 29 - September 2)

[mahatmakanejeeves]

Friday will be a big day.

ADP will be back, but I don't see what day that is.

Check back, because MarketWatch sometimes updates the schedule throughout the week.

THIS WEEK'S MAJOR U.S. ECONOMIC REPORTS & FED SPEAKERS

TIME (ET) REPORT PERIOD ACTUAL MEDIAN FORECAST PREVIOUS

MONDAY, AUG. 29
None scheduled

TUESDAY, AUG. 30
9 am S&P Case-Shiller U.S. home price index (year-over-year) June -- 19.8%
10 am Consumer confidence index Aug. -- 95.7
10 am Job openings July -- 10.7 million
10 am Quits July -- 4.2 million
11 am New York Fed President John Williams speaks

WEDNESDAY, AUG. 31
8 am Cleveland Fed President Loretta Mester speaks
9:45 am Chicago manufacturing PMI Aug. -- 52.1
6:30 pm Altanta Fed President Raphael Bostic speaks

THURSDAY, SEPT. 1
8:30 am Initial jobless claims Aug. 27 -- N/A
8:30 am Continuing jobless claims Aug. 20 -- N/A
8:30 am Productivity revision (SAAR) Q2 -- -4.6%
8:30 am Unit labor costs revision (SAAR) Q2 -- 10.8%
9:45 am S&P U.S. manufacturing PMI (final) Aug. -- 52.2
10 am ISM manufacturing index Aug. -- 52.8
10 am Construction spending July -- -1.1%
3:30 pm Altanta Fed President Raphael Bostic speaks
Varies Light motor vehicle sales (SAAR) Aug. -- 13.5 million

**FRIDAY, SEPT. 2
8:30 am Nonfarm payrolls Aug. -- 528,000
8:30 am Unemployment rate Aug. -- 3.5%
8:30 am Average hourly earnings Aug. -- 0.5%
8:30 am Labor-force participation rate, 25-54 years Aug. -- 82.4%
10 am Factory orders July -- 2.0%
10 am Core capital equipment orders revision July -- 0.7%

https://www.chase.com/personal/investments/learning-and-insights/category/markets

Economic outlook

Up next for the markets: August 29 – September 2

James Chen
Head of Content Studio, J.P. Morgan Wealth Management

Aug 23, 2022 | 3 min read

• The state of the job market will be on display this week with key economic data pertaining to labor slated for release.

• Consumer confidence is also on the agenda, giving investors insight into spending habits amid record high inflation.

Investors will look to gain deeper insight into how the labor market is performing as COVID-19 cases are again rising, with a bevy of economic data connected to jobs slated for release. First out of the gate is the July Job Openings and Labor Turnover survey, otherwise known as the JOLTs report. This tracks how many job openings there are in a given month. In June, available jobs declined to 10.7 million,1 but the overall number is still higher than before the pandemic. More tightening could be a bad sign for the economy.

Investors will get a snapshot look at the private sector when ADP releases its national unemployment report for August. This economic data point was retooled in recent months in a bid to better reflect the state of the job market.

Also this week, the unemployment rate for July is issued by the Bureau of Labor Statistics. Rounding out the job related news, unemployment claims for the previous week are due. On the consumer front, be on the lookout for the Conference Board to release its consumer confidence survey for August. This leading indicator gives investors an idea of how consumers are feeling about the economy and their finances.

{snip}

[mahatmakanejeeves]

1. Updated MarketWatch schedule:

The biggest change is the addition of the ADP employment report on Wednesday.

THIS WEEK'S MAJOR U.S. ECONOMIC REPORTS & FED SPEAKERS

TIME (ET) REPORT PERIOD ACTUAL MEDIAN FORECAST PREVIOUS

MONDAY, AUG. 29
2:15 pm Fed Vice Chair Lael Brainard speaks on payment system

TUESDAY, AUG. 30
8 am Richmond Fed President Tom Barkin speaks
9 am S&P Case-Shiller U.S. home price index (year-over-year) June 18.0% -- 19.9%
10 am Consumer confidence index Aug. 103.2 97.4 95.7
10 am Job openings July 11.2 million 10.3 million 11.0 million
10 am Quits July 4.2 million -- 4.3 million
11 am New York Fed President John Williams speaks

WEDNESDAY, AUG. 31
8 am Cleveland Fed President Loretta Mester speaks
8:15 am ADP employment report Aug. 132,000 300,000 268,000
9:45 am Chicago manufacturing PMI Aug. 52.2 52.0 52.1
6:30 pm Atlanta Fed President Raphael Bostic speaks

THURSDAY, SEPT. 1
8:30 am Initial jobless claims Aug. 27 245,000 243,000
8:30 am Continuing jobless claims Aug. 20 -- 1.42 million
8:30 am Productivity revision (SAAR) Q2 -4.3% -4.6%
8:30 am Unit labor costs revision (SAAR) Q2 10.6% 10.8%
9:45 am S&P U.S. manufacturing PMI (final) Aug. 51.3 51.3
10 am ISM manufacturing index Aug. 51.8% 52.8
10 am Construction spending July -0.4% -1.1%
3:30 pm Atlanta Fed President Raphael Bostic speaks
Varies Light motor vehicle sales (SAAR) Aug. -- 13.5 million

FRIDAY, SEPT. 2
8:30 am Nonfarm payrolls Aug. 318,000 528,000
8:30 am Unemployment rate Aug. 3.5% 3.5%
8:30 am Average hourly earnings Aug. 0.4% 0.5%
8:30 am Labor-force participation rate, 25-54 years Aug. -- 82.4%
10 am Factory orders July 0.2% 2.0%
10 am Core capital equipment orders revision July -- 0.4%