Saturday, September 05, 2020

Schedule for Week of September 6, 2020

by Calculated Risk on 9/05/2020 07:53:00 AM

The key economic report this week is the August Consumer Price Index (CPI).

----- Monday, September 7th -----

All US markets will be closed in observance of the Labor Day holiday.

----- Tuesday, September 8th -----

6:00 AM: NFIB Small Business Optimism Index for August.

3:00 PM: Consumer Credit from the Federal Reserve.

----- Wednesday, September 9th -----

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

Job Openings and Labor Turnover Survey10:00 AM ET: Job Openings and Labor Turnover Survey for July 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 increased in June to 5.889 million from 5.371 million in May.

The number of job openings (yellow) were down 18% year-over-year, and Quits were down 25% year-over-year.

----- Thursday, September 10th -----

8:30 AM: The initial weekly unemployment claims report will be released. The early consensus is for a 800 thousand initial claims, down from 881 thousand the previous week.

8:30 AM: The Producer Price Index for August from the BLS. The consensus is for a 0.2% increase in PPI, and a 0.2% increase in core PPI.

----- Friday, September 11th -----

8:30 AM: The Consumer Price Index for August from the BLS. The consensus is for a 0.3% increase in CPI, and a 0.2% increase in core CPI.