Market Overview

Economic Data Scheduled For Thursday

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Economic Data Scheduled For Thursday
  • The Challenger job-cut report for September is scheduled for release at 7:30 a.m. ET.
  • Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect new unemployment claims to decline to 850,000 last week from 870,000 in the previous week.
  • Data on personal income and outlays for August will be released at 8:30 a.m. ET. Personal income is projected to decline 2.5% in August.
  • The manufacturing PMI for September is scheduled for release at 9:45 a.m. ET. The PMI is expected to increase to 53.5 for September, versus prior reading of 53.1.
  • The ISM manufacturing composite index for September is scheduled for release at 10:00 a.m. ET. Analysts expect the ISM index to rise to 56.3 in September from previous reading of 56.0.
  • Data on construction spending for August will be released at 10:00 a.m. ET. Construction spending is estimated to increase 0.7% in August.
  • The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
  • Federal Reserve Bank of New York President John Williams is set to speak at 11:00 a.m. ET.
  • The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.
  • Fed Governor Michelle Bowman is set to speak at 3:00 p.m. ET.
  • Data on money supply for the recent week will be released at 4:30 p.m. ET.
 

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