This week's major U.S. economic reports (October 3 - October 7)
Last edited Mon Oct 3, 2022, 05:56 AM - Edit history (3)
MarketWatch updates the schedule throughout the week, so check their site for revisions.
{edited to account for one such revision}
THIS WEEK'S MAJOR U.S. ECONOMIC REPORTS & FED SPEAKERS
TIME (ET) REPORT PERIOD ACTUAL MEDIAN FORECAST PREVIOUS
MONDAY, OCT. 3
9:45 am S&P U.S. manufacturing PMI (final) Sept. 51.8 51.8
10 am ISM manufacturing index Sept. 52.0% 52.8%
10 am Construction spending Aug. -0.2% -0.4%
Varies Motor vehicle sales (SAAR) Sept. -- 13.2 million
TUESDAY, OCT. 4
10 am Job openings Aug. -- 11.2 million
10 am Quits Aug. -- 4.2 million
10 am Factory orders Aug. 0.3% -1.0%
10 am Core capital goods orders revision Aug. -- 1.3%
WEDNESDAY, OCT. 5
8:15 am ADP employment report Sept. 216,000 132,000
8:30 am International trade balance Aug. -$68.2 billion -$70.6 billion
9:45 am S&P services PMI (final) Sept. 49.3 49.2
10 am ISM services index Sept. 56.0% 56.9%
THURSDAY, OCT. 6
8:30 am Initial jobless claims Oct. 1 200,000 193,000
8:30 am Continuing jobless claims Sept. 24 -- 1.35 million
FRIDAY, OCT. 7
8:30 am Nonfarm payrolls Sept. 275,000 315,000
8:30 am Unemployment rate Sept. 3.7% 3.7%
8:30 am Average hourly earnings Sept. 0.3% 0.3%
8:30 am Labor force participation rate, ages 25-54 Sept. -- 82.8%
10 am Wholesale inventories revision Aug. 1.1% 1.3%
3 pm Consumer credit Aug. $25 billion $24 billion
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Economic outlook
Up next for the markets: October 3 - October 7
James Chen
Head of Content Studio, J.P. Morgan Wealth Management
Sep 28, 2022 | 3 min read
The state of the job market should become clearer this week as the unemployment rate and job openings are scheduled for release.
Investors will also get a better read on the nations manufacturers when the ISM Manufacturing PMI for September is published.
The health of the job market is front and center this week with a bevy of key employment data scheduled for release. This will give investors a better picture as to how the nations businesses perceive current economic conditions. The labor market has been extremely tight for months, but, amid the heightened potential for a recession, it's begun to cool off slightly. As a result, anything job-related is closely followed by investors.
A key metric to pay attention to is the unemployment rate for September. It's slated for release on Friday, giving investors a better sense of how businesses are feeling about hiring. Earlier in the week, the JOLTs report for August, ADPs reading on private sector hiring for September and weekly jobless claims are scheduled for release. Rounding out the economic news for the week is the Manufacturing ISM Report on Business for September, which tracks manufacturers orders.
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