Schedule for Week of December 6th - InvestingChannel

Schedule for Week of December 6th

The key economic report this week is November retail sales on Friday.

—– Monday, December 7th —–


10:00 AM ET: The Fed will release the monthly Labor Market Conditions Index (LMCI).

3:00 PM: Consumer Credit for October from the Federal Reserve. The consensus is for an increase of $20 billion in credit.

—– Tuesday, December 8th —–


9:00 AM ET: NFIB Small Business Optimism Index for November.

Job Openings and Labor Turnover Survey 10:00 AM: Job Openings and Labor Turnover Survey for October 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 September to 5.526 million from 5.377 million in August.

The number of job openings (yellow) were up 18% year-over-year, and Quits were unchanged year-over-year.

—– Wednesday, December 9th —–


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

10:00 AM: Monthly Wholesale Trade: Sales and Inventories for October. The consensus is for a 0.2% increase in inventories.

—– Thursday, December 10th —–


8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 270 thousand initial claims, up from 269 thousand the previous week.

10:00 AM: The Q3 Quarterly Services Report from the Census Bureau.

12:00 PM: Q3 Flow of Funds Accounts of the United States from the Federal Reserve.

2:00 PM: The Monthly Treasury Budget Statement for November.

—– Friday, December 11th —–


8:30 AM: The Producer Price Index for November from the BLS. The consensus is for no changed in prices, and a 0.1% increase in core PPI.

Retail Sales8:30 AM ET: Retail sales for November will be released.

This graph shows retail sales since 1992 through October 2015. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). On a monthly basis, retail sales were up 0.1% from September to October (seasonally adjusted), and sales were up 1.7% from October 2014.

The consensus is for retail sales to increase 0.3% in November, and to increase 0.3% ex-autos.

10:00 AM: Manufacturing and Trade: Inventories and Sales (business inventories) report for October.  The consensus is for a 0.1% increase in inventories.

10:00 AM: University of Michigan’s Consumer sentiment index (preliminary for December). The consensus is for a reading of 92.0, up from 91.3 in November.

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