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Wednesday, September 01, 2021

Thursday: Vehicle sales decline sharply in August, Weekly Claims, Trade Balance

by Calculated Risk on 9/01/2021 06:44:00 PM

From Wards Auto: Dried-Up Inventory Sinks U.S. Light-Vehicle Sales in August(pay content). Vehicle sales fell to 13.1 million SAAR (consensus was 15.0 million SAAR)

• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for a decrease slightly to 350 thousand from 353 thousand last week.

• Also at 8:30 AM, Trade Balance report for July from the Census Bureau. The consensus is for the U.S. trade deficit to be at $70.9 billion in July, from $75.7 billion in June.