This week's major U.S. economic reports (August 22 - August 26)

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Friday will be a big day.

Check back, because MarketWatch updates the schedule throughout the week.

THIS WEEK'S MAJOR U.S. ECONOMIC REPORTS & FED SPEAKERS

TIME (ET) REPORT PERIOD ACTUAL MEDIAN FORECAST PREVIOUS

MONDAY, AUG. 22
8:30 am Chicago Fed national activity index July -- -0.19

TUESDAY, AUG. 23
9:45 am S&P U.S. manufacturing PMI (flash) Aug. -- 52.2
9:45 am S&P U.S. services PMI (flash) Aug. -- 47.3
10 am New home sales (SAAR) July -- 590,000

WEDNESDAY, AUG. 24
8:30 am Durable goods orders July -- 2.0%
8:30 am Core capital equipment orders July -- 0.7%
10 am Pending home sales index July -- -8.6%

THURSDAY, AUG. 25
8:30 am Initial jobless claims Aug. 20 -- N/A
8:30 am Continuing jobless claims Aug. 13 -- N/A
8:30 am Real gross domestic product. revision (SAAR) Q2 -- -0.9%
8:30 am Real gross domestic income (SAAR) Q2 -- 1.8%
8:30 am Real final sales to domestic purchasers, revision (SAAR) Q2 -- -0.3%

FRIDAY, AUG. 26
8:30 am PCE price index monthly July -- 1.0%
8:30 am Core PCE price index monthly July -- 0.6%
8:30 am PCE price index year-over-year July -- 6.8%
8:30 am Core PCE price index year-over-year July -- 4.8%
8:30 am Real disposable incomes July -- -0.3%
8:30 am Real consumer spending July -- 0.1%
8:30 am Nominal personal incomes July -- 0.6%
8:30 am Nominal consumer spending July -- 1.1%
8:30 am Trade in goods, advance July -- -$98.2 billion
10 am UMich consumer sentiment index (final) Aug. -- 55.1
10 am UMich 5-year inflation expectations (final) Aug. -- 3.0%

https://www.chase.com/personal/investments/learning-and-insights/category/markets

Economic outlook

Up next for the markets: August 22 – August 26

James Chen
Head of Content Studio, J.P. Morgan Wealth Management

Aug 17, 2022 | 2 min read

• The manufacturing and retail sectors are in focus this week amid soaring inflation and rising interest rates.

• From durable goods to retail inventories, there’s a bevy of manufacturing related data scheduled for release.

The state of the nation’s manufacturers and retailers will be on display this week with a bevy of data points set for release including a deep dive on everything from orders to productivity. First out of the gate is the S&P Global Manufacturing, Composite and Services PMI flashes for August. These data points measure activity and efficiency at U.S. manufacturers and service providers. With inflation high and rates rising, U.S. businesses have seen output and new orders decrease. Investors will be paying close attention to see if conditions worsened in August.

Also out this week is the advanced report on durable goods manufacturers' shipments, inventories and orders for July. This is another key economic data point that tracks demand for big-ticket items. Despite the current environment, durable goods orders increased in June. Rounding out the manufacturing-related economic data is the advance reports on wholesale and retail inventories, both of which come out Friday. If inventory is rising it means demand is slowing, which was the case in June. Also on tap are weekly jobless claims as investors look for insight into how the job market and broader economy are performing.

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