WILL THE RALLY GET BOOSTED OR FLATTENED?...
There will be lots of opportunity to kick things up a notch or quiet everything down, starting with Monday morning's ISM Index. This is the mega reading on the manufacturing sector. Friday we get four key readings: Nonfarm Payrolls, Unemployment Rate, Hourly Earnings, and Average Work Week. This will provide plenty of build-up to the Fed's December 11 meeting, along with a few earnings reports from Q3 stragglers.
>> The Week's Economic Indicator Calendar
Economic Calendar for the Week of Dec 3 - Dec 7
Date | Time (ET) | Release | For | Consensus | Prior | Impact |
M Dec 3 | 10:00 | ISM Index | Nov | 50.5 | 50.9 | HIGH |
M Dec 3 | 17:00 | Auto Sales | Nov | 5.2M | 5.1M | Low |
M Dec 3 | 17:00 | Truck Sales | Nov | 7.1M | 7.1M | Low |
W Dec 5 | 08:30 | Productivity-Rev | Q3 | 5.5% | 4.9% | Moderate |
W Dec 5 | 10:00 | Factory Orders | Oct | 0.4% | 0.2% | Low |
W Dec 5 | 10:00 | ISM Services Index | Q3 | 55.0 | 55.8 | Moderate |
Th Dec 6 | 08:30 | Initial Jobless Claims | 12/01 | NA | 352K | Moderate |
F Dec 7 | 08:30 | Nonfarm Payrolls | Nov | 75K | 166K | HIGH |
F Dec 7 | 08:30 | Unemployment Rate | Nov | 4.8% | 4.7% | HIGH |
F Dec 7 | 08:30 | Hourly Earnings | Nov | 0.3% | 0.2% | HIGH |
F Dec 7 | 08:30 | Average Work Week | Nov | 33.8 | 33.8 | HIGH |
F Dec 7 | 10:00 | Univ. of Michigan Consumer Sentiment Index-Prelim | Dec | 75.5 | 76.1 | Moderate |
F Dec 7 | 15:00 | Consumer Credit | Oct | $5.0B | $3.7B | Low |
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