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Thursday, August 31, 2023

Friday: Employment Report, ISM Mfg, Construction Spending, Vehicle Sales

by Calculated Risk on 8/31/2023 08:51:00 PM

Mortgage RatesNote: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:30 AM ET, Employment Report for August.   The consensus is for 187,000 jobs added, and for the unemployment rate to be unchanged at 3.5%.

• At 10:00 AM, ISM Manufacturing Index for August. The consensus is for the ISM to be at 46.6, up from 46.4 in July.

• At 10:00 AM, Construction Spending for July. The consensus is for a 0.5% increase in construction spending.

• All Day, Light vehicle sales for August. The consensus is for light vehicle sales to be 15.4 million SAAR in August, down from 15.7 million in July (Seasonally Adjusted Annual Rate).