Saturday, August 04, 2018

Schedule for Week of August 5, 2018

by Bill McBride on 8/04/2018 08:11:00 AM

The key economic report this week is the July Consumer Price Index (CPI) on Friday.

----- Monday, Aug 6th -----

No major economic releases scheduled.

----- Tuesday, Aug 7th -----

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

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

Jobs openings decreased in May to 6.638 million from 6.840 million in April.

The number of job openings (yellow) were up 16.7% year-over-year, and Quits were up 10.4% year-over-year.

3:00 PM: Consumer Credit from the Federal Reserve. The consensus is for consumer credit to increase $16.0 billion in June.

----- Wednesday, Aug 8th -----

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

----- Thursday, Aug 9th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 220 thousand initial claims, up from 218 thousand the previous week.

8:30 AM: The Producer Price Index for July from the BLS. The consensus is a 0.3% increase in PPI, and a 0.3% increase in core PPI.

----- Friday, Aug 10th -----

8:30 AM: The Consumer Price Index for July from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.