Schedule for Week of May 5th - InvestingChannel

Schedule for Week of May 5th

This will be a very light week for economic data.

The Fed’s April Senior Loan Officer Survey will be released on Monday, and Fed Chairman Ben Bernanke speaks on Friday.

Yesterday on the employment report:
April Employment Report: 165,000 Jobs, 7.5% Unemployment Rate
Employment Report Comments and more Graphs
Graphs for Duration of Unemployment, Unemployment by Education and Diffusion Indexes


—– Monday, May 6th —–


Early: The LPS March Mortgage Monitor report. This is a monthly report of mortgage delinquencies and other mortgage data.

2:00 PM ET: The April 2013 Senior Loan Officer Opinion Survey on Bank Lending Practices from the Federal Reserve.  This might show some slight loosening in lending standards.


—– Tuesday, May 7th —–


10:00 AM: Trulia Price Rent Monitors for April. This is the index from Trulia that uses asking house prices adjusted both for the mix of homes listed for sale and for seasonal factors.

Job Openings and Labor Turnover Survey 10:00 AM: Job Openings and Labor Turnover Survey for March from the BLS.

This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.

Jobs openings increased in February to 3.925 million, up from 3.611 million in January. The number of job openings (yellow) has generally been trending up, and openings were up 11% year-over-year compared to February 2012.  This was most job openings since May 2008.

Quits were up 7% year-over-year and at the highest level since 2008. These are voluntary separations. (see light blue columns at bottom of graph for trend for “quits”).

3:00 PM: Consumer Credit for March from the Federal Reserve. The consensus is for credit to increase $15.0 billion in March.


—– Wednesday, May 8th —–


7:00 AM: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.


—– Thursday, May 9th —–


8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to increase to 335 thousand from 324 thousand last week.

10:00 AM: Monthly Wholesale Trade: Sales and Inventories for March. The consensus is for a 0.4% increase in inventories.


—– Friday, May 10th —–


9:30 AM: Speech by Fed Chairman Ben Bernanke, “Monitoring Finance“, At the 49th Annual Conference on Bank Structure and Competition, Chicago, Illinois

Related posts

Idiocy in Spain: Bank Proposal to Build More Houses, Issue More Mortgages, Despite Massive Inventory and Enormous Drop in Sales

Mish Global Economic Trend Analysis

Sky City: China to Build World’s Tallest Building, 220 Stories, in 90 Days

Mish Global Economic Trend Analysis

It’s No Wonder People Don’t Understand the “Public” Debt

Angry Bear

EU Budget Laugh of the Day “No One Is Discussing Quality”

Mish Global Economic Trend Analysis

Via Barry Ritholtz’s  Big Picture comes this PBS six minute …

Angry Bear

Politics and Specific Policies

Angry Bear