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Economy

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mahatmakanejeeves

(61,837 posts)
Sat Sep 3, 2022, 06:43 AM Sep 2022

This week's major U.S. economic reports (September 5 - September 9) [View all]

It's a light week coming up. People are taking a breather.

MarketWatch updates the schedule throughout the week, so check that site for revised schedules.

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

TIME (ET) REPORT PERIOD ACTUAL MEDIAN FORECAST PREVIOUS

MONDAY, SEPT. 5
Labor Day holiday. None scheduled.

TUESDAY, SEPT. 6
9:45 am S&P U.S. services PMI (final) Aug. -- 44.1
10 am ISM services index Aug. 55.5% 56.7

WEDNESDAY, SEPT. 7
8 am Cleveland Fed President Loretta Mester speaks
8:30 am International trade balance July -$70.1 billion -$79.6 billion
2 pm Beige Book

THURSDAY, SEPT. 8
8:30 am Initial jobless claims Sept. 3 239,000 232,000
8:30 am Continuing jobless claims Aug. 27 -- 1.44 million
10 am Quarterly services Q2 --
3 pm Consumer credit July -- $40 billion

FRIDAY, SEPT. {9}
10 am Wholesale inventories revision July -- 0.8%

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

Economic outlook

Up next for the markets: September 5 – September 9

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

Aug 31, 2022 | 2 min read

• Investors will get more insight into how the nation’s manufacturers and service providers are faring amid 40-year high inflation this week.

• The impact a slowing economy is having on businesses and consumers will also be clearer this week.

Investors will get a better sense of how a slowing economy is impacting consumers and businesses this week with a bevy of economic data slated for release. First out of the gate ISM Services PMI, which tracks business activity and growth at the nation’s service providers. It's considered a leading indicator and one to keep an eye on. Consumer credit for July is another important report to pay attention to this week.

Exports and imports and wholesale inventories for July and weekly jobless claims are also being released, giving investors a better picture of the economic slowdown’s impact.

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