Week 32 of the 2020 U.S. Economic Calendar highlights July’s employment report, manufacturing and non-manufacturing reports.
Here are your key economic updates for the week ahead, August 3 – August 7:
Monday, August 3
- ISM Manufacturing Index – consensus is a reading of 54.0, up from 52.6 last month.
- Construction spending for June – consensus is a 1.3% increase
Tuesday, August 4
- Light Vehicle Sales for July
- Corelogic House Price Index for June
Wednesday, August 5
- MBA will release mortgage purchase applications index
- ADP Employment Report for private payrolls only – consensus is an additional 1.25 million jobs added to payrolls in July
- Trade Balance report from the Census Bureau
- ISM Non-Manufacturing Index for July – consensus is a 54.8, down from 57.1 in June
Thursday, August 6
- Weekly unemployment claims – consensus is 1.400 million, down from last week’s 1.433 million claims
- Q2 Quarterly Report on Household Debt and Credit
Friday, August 7
- Employment Report for July – consensus is 1.36 million jobs added and for total unemployment to decrease to 10.7% (for reference, June had 4.8 million jobs added with total unemployment at 11.1%)
