by calculated risk March 30, 2024 08:11:00 AM
The key report scheduled for this week is Friday's March jobs report.
Other major reports include February trade deficit and March auto sales.
Regarding the manufacturing industry, the ISM Manufacturing Survey for March will be released.
—– Monday, April 1st —–
10 am: ISM Manufacturing Index For March. The consensus is that the ISM will be 48.5, up from February's 47.8.
10 am: construction expenditure For February. The consensus is that construction spending will increase by 0.5%.
—– Tuesday, April 2 —–
8:00am: CoreLogic Home Price Index For February.
This graph shows the number of jobs from JOLTS (black line), hires (dark blue), layoffs, layoffs and other (red column), and terminations (light blue column).
The number of job openings in January was 8.86 million, down slightly from December's 8.89 million.
The number of job openings (black) decreased by 15% compared to the previous year. Retirements decreased by 13% compared to the previous year.
This graph shows light vehicle sales since BEA began tracking data in 1967. The dashed line is his February sales rate.
—– Wednesday, April 3rd —–
7:00 a.m. ET: Mortgage Bankers Association (MBA) Mortgage loan purchase application index.
8:15am: ADP Employment Report For March. This report is for private payroll only (not government). The consensus is that 155,000 payroll jobs were added in March, up from 140,000 in February.
10 am: ISM Service Index For March.
—– Thursday, April 4th —–
8:30am: First weekly unemployment claim The report will be published. The consensus was 208,000 initial claims, down from 210,000 last week.
This graph shows the U.S. trade deficit with and without oil, according to the latest report. The blue line is the total deficit, the black line is the oil deficit, and the red line is the trade deficit excluding petroleum products.
The consensus is that the trade deficit will be $66.5 billion. The US trade deficit in January was $67.4 billion.
—– Friday, April 5th —–
In February, 275,000 jobs were added, bringing the unemployment rate to 3.9%.
This chart shows the number of jobs added each month since January 2021.