Schedule for Week of December 3, 2023 - InvestingChannel

Schedule for Week of December 3, 2023

The key report this week is the November employment report on Friday.


—– Monday, December 4th —–


No major economic releases scheduled.


—– Tuesday, December 5th —–


8:00 AM: Corelogic House Price index for October.

Job Openings and Labor Turnover Survey10:00 AM ET: Job Openings and Labor Turnover Survey for October from the BLS.

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

Jobs openings increased in September to 9.55 million from 9.50 million in August.

10:00 AM: the ISM Services Index for November.  The consensus is for 52.5, up from 51.8.


—– Wednesday, December 6th —–


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

8:15 AM: The ADP Employment Report for November. This report is for private payrolls only (no government).  The consensus is for 120,000 jobs added, up from 113,000 in October.

U.S. Trade Deficit8:30 AM: Trade Balance report for October from the Census Bureau.

This graph shows the U.S. trade deficit, with and without petroleum, through the most recent report. The blue line is the total deficit, and the black line is the petroleum deficit, and the red line is the trade deficit ex-petroleum products.

The consensus is the trade deficit to be $63.0 billion.  The U.S. trade deficit was at $61.5 billion in September.


—– Thursday, December 7th —–


8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 224 thousand, up from 218 thousand last week.

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


—– Friday, December 8th —–


Employment per month8:30 AM: Employment Report for November.   The consensus is for 200,000 jobs added, and for the unemployment rate to be unchanged at 3.9%.

There were 150,000 jobs added in October, and the unemployment rate was at 3.9%.

This graph shows the jobs added per month since January 2021.

10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for December).

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