Monday, August 28, 2006

Weekly Economic Calendar

It's another jobs week with non farm payrolls released on Friday. Here's the rest of the calendar:


Consumer Confidence for August (Last Reading)106.5 (Consensus)102.0

GDP Revision for 2Q (Initial Reading)2.5% (Consensus)3.1%
Chain Weighted Price Index for 2Q (Initial Reading)3.3% (Consensus)3.3%

Initial Jobless Claims for week of Aug 26 (Last Week)313000 (Consensus)315000
Personal Income for Jul (June)0.6% (Consensus)0.5%
Consumer Spending for Jul (June)0.4% (Consensus)0.8%
Factory Orders for Jul (June)1.2% (Consensus)-1.0%
Chicago PMI for Aug (July)57.9 (Consensus)57.0

Non Farm Payrolls for Aug (July)+113000 (Consensus)+140000
Unemployment Rate for Aug (July)4.8% (Consensus)4.7%
Michigan Sentiment for Aug (July)84.7 (Consensus)79.1
Construction Spending for Jul (June)+0.3% (Consensus)-0.1%

The releases that have the potential to move the market are probably Consumer spending and non farm payrolls. The GDP revision could have an impact if it is way out of line with expectations, but usually the consensus is pretty close on revisions.

No comments: