This Week's Major U.S. Economic Reports & Fed Speakers

Time (ET) Report Period Actual Median Forecast Previous
MONDAY, AUG. 23
9:45 am Markit manufacturing PMI (flash) Aug. 61.2 63.1 63.4
9:45 am Markit services PMI (flash) Aug. 55.2 59.4 59.9
10 am Existing home sales (SAAR) July 5.99 million 5.87 million 5.86 million
TUESDAY, AUG. 24
10 am New home sales (SAAR) July 700,000 676,000
WEDNESDAY, AUG. 25
8:30 am Durable goods orders July -0.4% 0.9%
8:30 am Nondefense capital goods orders, excluding aircraft July -- 0.7%
THURSDAY, AUG. 26
8:30 am Initial jobless claims (regular state program) Aug. 21 350,000 348,000
8:30 am Continuing jobless claims (regular state program) Aug. 14 -- 2.82 million
8:30 am GDP revision (SAAR) Q2 6.6% 6.5%
FRIDAY, AUG. 27
8:30 am Personal income July 0.3% 0.1%
8:30 am Consumer spending July 0.3% 1.0%
8:30 am Core PCE price index July 0.3% 0.4%
8:30 am Trade in goods, advance July -- -$91.2 billion
10 am UMich consumer sentiment index (final) Aug. 71.0 70.2

Next Week's Major U.S. Economic Reports & Fed Speakers

Time (ET) Report Period Actual Median Forecast Previous
MONDAY, AUG. 30
10 am Pending home sales July -- -1.9%
TUESDAY, AUG. 31
9 am Case-Shiller home price index (year-over-year) June -- 16.6%
9:45 am Chicago PMI Aug. -- 73.4
10 am Consumer confidence index Aug. -- 129.1
WEDNESDAY, SEPT. 1
8:15 am ADP employment report Aug. -- 329,000
9:45 am Markit manufacturing PMI (final) Aug. -- --
10 am ISM manufacturing index Aug. -- 59.5%
10 am Construction spending July -- 0.1%
Varies Motor vehicle sales (SAAR) Aug. -- 14.8 million
THURSDAY, SEPT. 2
8:30 am Initial jobless claims (regular state program) Aug. 28 -- --
8:30 am Continuing jobless claims (regular state program) Aug. 21 -- --
8:30 am Trade balance July -- -$75.7 billion
8:30 am Productivity (revision) Q2 -- 2.3%
8:30 am Unit labor costs (revision) Q2 -- 1.0%
10 am Factory orders July -- 1.5%
8:30 am Core capital goods orders (revision) July -- --
FRIDAY, SEPT. 3
8:30 am Nonfarm payrolls Aug. -- 943,000
8:30 am Unemployment rate Aug. -- 5.4%
8:30 am Average hourly earnings Aug. -- 0.4%
9:45 am Markit services PMI (final) Aug. -- --
10 am ISM services index Aug. -- 64.1%

Last Week's Major U.S. Economic Reports & Fed Speakers

Time (ET) Report Period Actual Median Forecast Previous
MONDAY, AUG. 16
8:30 am Empire State manufacturing index Aug. 18.3 29.0 43.0
TUESDAY, AUG. 17
8:30 am Retail sales July -1.1% -0.3% 0.7%
8:30 am Retail sales ex-autos July -0.4% 0.2% 1.6%
9:15 am Industrial production July 0.9% 0.5% 0.2%
9:15 am Capacity utilization July 76.1% 75.7% 75.4%
10 am Business inventories June 0.8% 0.8% 0.6%
10 am NAHB home builders' index Aug. 75 80 80
1 pm Fed Chair Jerome Powell takes questions from students
3:45 pm Minneapolis Fed President Neel Kashkari speaks
WEDNESDAY, AUG. 18
8:30 am Building permits (SAAR) July 1.64 million 1.61 million 1.59 million
8:30 am Housing starts (SAAR) July 1.53 million 1.65 million 1.64 million
12 noon MarketWatch interviews St. Louis Fed President James Bullard
2 pm FOMC minutes
THURSDAY, AUG. 19
8:30 am Initial jobless claims (regular state program) Aug. 14 348,000 365,000 377,000
8:30 am Continuing jobless claims (regular state program) Aug. 7 2.82 million -- 2.90 million
8:30 am Philadelphia Fed manufacturing index Aug. 19.4 22.0 21.9
10 am Index of leading economic indicators July 0.9% 0.7% 0.5%
FRIDAY, AUG. 20
11 am Dallas Fed President Rob Kaplan speaks

GDP forecasts

Date Report Period Median Forecast Previous
Oct. 28, 2021 GDP (quarterly, SAAR) Q3 7.0% 6.5% (Q2)
January 2022 GDP (quarterly, SAAR) Q4 5.4% 6.5% (Q2)
April 2022 GDP (quarterly, SAAR) Q1 3.8% 6.5% (Q2)
January 2022 GDP (Q4-Q4) 2021 6.9% -2.3% (2020)
January 2023 GDP (Q4-Q4) 2022 3.2% -2.3% (2020)

The median forecasts in this calendar come from weekly and monthly surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal.

Economic Report

Home sales rise as the limited number of properties on the market improves

Delta deals bigger blow to U.S. economy in August, but most businesses still upbeat

U.S. economy shrugged off delta in July and expanded rapidly, leading index shows

Jobless claims drop to pandemic low of 348,000 in sign companies still hiring despite delta

Philly Fed factory index falls for fourth straight month amid rising prices

Home building slumps in July as developers remain wary of high construction costs