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Saturday, September 04, 2021

Schedule for Week of September 5, 2021

by Calculated Risk on 9/04/2021 08:11:00 AM

This will be a light week for economic data.

----- Monday, September 6th -----

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

----- Tuesday, September 7th -----

8:00 AM ET: Corelogic House Price index for July

----- Wednesday, September 8th -----

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 10.073 million from 9.483 million in May.  This was a new record high for this series.

The number of job openings (yellow) were up 65% year-over-year, and Quits were up 46% year-over-year.

2:00 PM: the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.

----- Thursday, September 9th -----

8:30 AM: The initial weekly unemployment claims report will be released.  There were 340 thousand initial claims last week.

----- Friday, September 10th -----

8:30 AM: The Producer Price Index for August from the BLS. The consensus is for a 0.6% increase in PPI, and a 0.6% increase in core PPI.