Business & Investment

Schedule for the week of November 28, 2021

An important report this week is Friday’s November Employment Report.

Other key indicators include the Case-Shiller Home Price Index in September, the ISM Manufacturing and Services Index in November, and car sales in November.

—– Monday, November 29 —–

10 am: Pending Home Sales Index In October. The consensus is a 1.0% increase in the index.

10:30 am: Survey of manufacturing activities by the Dallas Fed In November. This is the end of the Fed’s regional manufacturing survey in November.

—– Tuesday, November 30 —–

9:00 am: FHFA Home Price Index In September. This was originally a GSE-only repeat sale, but it also has an expanded index. The 2022 conforming loan limit will also be announced.

9:00 AM ET: S & P / Case-Shiller Home Price Index In September.

This graph shows year-over-year changes in the seasonally adjusted National Index, Composite 10, and Composite 20 indexes through the latest report (Composite 20 launched in January 2000).

The consensus is that the Composite 20 index for September will increase by 19.3% year-on-year.

9:45 am: Chicago Purchasing Managers Index In November.

10 am: Testimony, Fed Chair Jerome Powell, Coronavirus and CARES method, Before the US Senate on Banking, Housing, and Urban Issues

10:30 am: FDIC Quarterly Bank Profile, Third quarter.

—– Wednesday, December 1 —–

7:00 AM ET: Mortgage Bankers Association (MBA) Mortgage Purchase Application Index..

8:15 am: ADP Employment Report In November. This report is for private salaries only (not for governments). The consensus is about 525,000 jobs added, down from 571,000 in October.

10 am: ISM Manufacturing Index In November. The consensus has risen from 60.8% to 61.0%.

10 am: Construction cost In October. The consensus is to increase spending by 0.4%.

2:00 PM: Federal Reserve Beige Book, An informal review of the district’s current economic situation by the Federal Reserve Bank.

Vehicle salesall day: Light car sales In November.

The November consensus was 13.2 million SAAR, up from the BEA’s estimated 13.0 million SAAR (seasonally adjusted annual rate) in October.

This graph shows the sale of small cars since BEA began retaining data in 1967. The dashed line is the current sales rate.

—– Thursday, December 2 —–

8:30 am: First weekly unemployment insurance claim The report will be published. The consensus is for the first 250,000 invoices, up from 199000 last week.

—– Friday, December 3 —–

Employment recession, the most horrifying job chart8:30 am: Employment report In November. The consensus is that 563,000 jobs will be added and the unemployment rate will drop to 4.5%.

In October, 531,000 jobs were added and the unemployment rate was 4.6%.

This graph shows the percentage of unemployment since the beginning of the recession.

The current employment recession has been by far the worst in percentage since World War II, but is now less severe than the “Great Recession.”

10 am: ISM Service Index In November.

Schedule for the week of November 28, 2021 Schedule for the week of November 28, 2021

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