Tuesday, August 30, 2016

Wednesday: ADP employment, Pending Home Sales, Chicago PMI

by Bill McBride on 8/30/2016 09:04:00 PM

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

• At 8:15 AM, The ADP Employment Report for August. This report is for private payrolls only (no government). The consensus is for 175,000 payroll jobs added in August, down from 179,000 added in July.

• At 9:45 AM, Chicago Purchasing Managers Index for August. The consensus is for a reading of 55.2, down from 55.8 in July.

• At 10:00 AM, Pending Home Sales Index for July. The consensus is for a 0.6% increase in the index.