Economic Data Scheduled For Wednesday

  • The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET.
  • The ADP national employment report for September will be released at 8:15 a.m. ET. Analysts expect private sector employment rising by 650,000 in September.
  • Gross Domestic Product report for the second quarter is scheduled for release at 8:30 a.m. ET. The third estimate for Q2 GDP is projected to be unrevised versus the second estimate's 31.7% contraction.
  • Federal Reserve Bank of Minneapolis President Neel Kashkari is set to speak at 9:30 a.m. ET.
  • The Chicago PMI for September will be released at 9:45 a.m. ET. The Chicago PMI is expected to increase to 52.1 for September, versus prior reading of 51.2.
  • The pending home sales index for August is scheduled for release at 10:00 a.m. ET. Analysts expect pending home sales to rise 3.1% in August from 5.9% in July.
  • The State Street Investor Confidence Index for September will be released at 10:00 a.m. ET.
  • The Energy Information Administration’s weekly report on petroleum inventories is scheduled for release at 10:30 a.m. ET.
  • Fed Gov. Michelle Bowman will speak at 1:40 p.m. ET.
  • Data on farm prices for August will be released at 3:00 p.m. ET.
  • Federal Reserve Bank of Dallas President Robert Kaplan is set to speak at 6:00 p.m. ET.
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