Buckle Up For A Busy Week

by: Bespoke Investment Group

It's hard enough dealing with all of the earnings reports coming out right now, and this week we get to add a plethora of economic indicators to the mix as well. With 33 data points set for release, the upcoming trading week is one of the busiest you'll see for economic indicators. Below is a table highlighting the date and time for all 33.

Monday and Tuesday will be "slow days" with just two indicators due out each day. On Monday we'll get Pending Home Sales and the Dallas Fed at 10 AM ET. On Tuesday we'll get the Case Shiller housing numbers at 9 AM and Consumer Confidence at 10 AM.

Things really start to pick up on Wednesday with 9 releases. We'll get an early read on July employment at 8:15 with the ADP number, followed by the big Q2 GDP number at 8:30. Chicago PMI wraps up Wednesday morning at 9:45, and then Bernanke & Co. get to shake things up on Wednesday afternoon with the FOMC rate decision at 2 PM.

Thursday won't be quite as crazy as Wednesday, but there are still 8 reports set for release. The weekly Jobless Claims number comes out at 8:30, and then Construction Spending, ISM Manufacturing and ISM Prices Paid all come out at 10. After the close, Domestic and Total Vehicle Sales come out at 5 PM.

It certainly won't be a slow, summer Friday this week, that's for sure. With 12 indicators on the docket, including the July nonfarm payrolls report, traders will be glued to their screens on Friday morning. Along with all of the 8:30 jobs numbers, we'll also get Personal Income, Personal Spending, ISM New York and Factory Orders that morning. Buckle up for a busy week!

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