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Saturday, September 28, 2024

Schedule for Week of September 29, 2024

by Calculated Risk on 9/28/2024 08:11:00 AM

The key report scheduled for this week is the September employment report on Friday.

Other key indicators include the September ISM Manufacturing and Services indices and September auto sales.

----- Monday, September 30th -----

10:30 AM: Dallas Fed Survey of Manufacturing Activity for September.

9:45 AM: Chicago Purchasing Managers Index for September. The consensus is for a reading of 46.5, up from 46.1 in August.

1:55 PM: Speech, Fed Chair Jerome Powell, Economic Outlook, At the National Association for Business Economics (NABE) Annual Meeting, Nashville, Tenn

----- Tuesday, October 1st -----

Job Openings and Labor Turnover Survey10:00 AM: Job Openings and Labor Turnover Survey for August from the BLS.

This graph shows job openings (black line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.

10:00 AM: ISM Manufacturing Index for September. The consensus is for a reading of 47.6, up from 47.2 in August. 

10:00 AM: Construction Spending for August. The consensus is for a 0.1% increase.

Vehicle SalesAll day: Light vehicle sales for September.

The consensus is for sales of 15.7 million SAAR, up from 15.1 million SAAR in August (Seasonally Adjusted Annual Rate).

This graph shows light vehicle sales since the BEA started keeping data in 1967. The dashed line is the current sales rate.

----- Wednesday, October 2nd -----

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:15 AM: The ADP Employment Report for September. This report is for private payrolls only (no government). The consensus is for 110,000 jobs added, up from 99,000 in August.

----- Thursday, October 3rd -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 224 thousand initial claims, up from 218 thousand last week.

10:00 AM: the ISM Services Index for September.

----- Friday, October 4th -----

Employment per month8:30 AM: Employment Report for September.   The consensus is for 145,000 jobs added, and for the unemployment rate to be unchanged at 4.2%.

There were 142,000 jobs added in August, and the unemployment rate was at 4.2%.

This graph shows the jobs added per month since January 2021.