Economic calendar

US economic calendar

Scheduled US economic data and Federal Reserve events for this week and the next two, plus last week's results. Times are Eastern Time (ET). The market-moving releases — CPI, the jobs report, FOMC rate decisions, GDP, PCE inflation and retail sales — are highlighted, and actual figures fill in as each report comes out.

Headline US releases, week of November 9

times ET
DayTime (ET)ReleaseActualConsensusPrevious
Tue, Nov 108:30 AM Core CPI — 0.2%0.3%
Tue, Nov 108:30 AM Core CPI — —2.6%
Tue, Nov 108:30 AM CPI — 0.3%0.6%
Tue, Nov 108:30 AM CPI — —3.7%

This week Nov 2 – Nov 8

Monday, November 02

11 releases
Time (ET)ReleaseActualConsensusPrevious
9:45 AM S&P Global Manufacturing PMI 54.9 56.056.0
10:00 AM ISM Manufacturing PMI 55.5 54.554.5
10:00 AM Construction Spending -1.9% 0.4%2.0%
10:00 AM ISM Manufacturing Employment 52.4 52.052.7
10:00 AM ISM Manufacturing New Orders Index 55.5 54.555.3
10:00 AM ISM Manufacturing Prices 75.2 77.277.9
11:15 AM Fed Goolsbee Speaks — ——
12:00 PM Atlanta Fed GDPNow 3.7% 3.2%3.2%
2:00 PM Loan Officer Survey — ——
2 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
11:30 AM 3-Month Bill Auction 4.040% —4.050%
11:30 AM 6-Month Bill Auction 4.150% —4.210%

Tuesday, November 03

8 releases
Time (ET)ReleaseActualConsensusPrevious
6:00 AM IBD/TIPP Economic Optimism 48.5 46.246.8
10:00 AM JOLTS Job Openings 7.523M 7.150M7.190M
10:00 AM Durables Excluding Defense 2.3% 2.2%0.0%
10:00 AM Durables Excluding Transport 0.5% 0.5%0.2%
10:00 AM Factory Orders 1.8% 1.2%0.3%
10:00 AM Factory orders ex transportation 1.3% 0.5%0.4%
2 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
8:55 AM Redbook 10.4% —9.3%
4:30 PM API Weekly Crude Oil Stock -5.267M 2.100M-2.031M

Wednesday, November 04

30 releases
Time (ET)ReleaseActualConsensusPrevious
7:00 AM MBA Mortgage Applications -1.2% —3.4%
8:15 AM ADP Nonfarm Employment Change 86K 67K86K
8:30 AM Trade Balance -105.00B -107.90B-105.70B
8:30 AM Exports 321.50B —315.70B
8:30 AM Imports 426.60B —421.40B
9:30 AM All Car Sales 2.45M —2.52M
9:30 AM All Truck Sales 13.09M —13.46M
9:45 AM S&P Global Composite PMI 55.9 57.658.4
9:45 AM S&P Global Services PMI 56.1 57.958.8
10:00 AM ISM Non-Manufacturing PMI 54.5 54.854.9
10:00 AM ISM Non-Manufacturing Business Activity 53.8 —56.5
10:00 AM ISM Non-Manufacturing Employment 51.4 50.050.1
10:00 AM ISM Non-Manufacturing New Orders 55.9 58.559.8
10:00 AM ISM Non-Manufacturing Prices 73.0 74.674.0
10:30 AM Crude Oil Inventories -0.865M -1.700M-1.892M
11:30 AM Atlanta Fed GDPNow 3.4% 3.7%3.7%
5:00 PM Total Vehicle Sales 15.50M 15.80M16.00M
13 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
7:00 AM MBA 30-Year Mortgage Rate 7.30% —7.37%
7:00 AM MBA Purchase Index 131.4 —134.1
7:00 AM Mortgage Market Index 192.6 —195.0
7:00 AM Mortgage Refinance Index 517.5 —516.8
10:30 AM EIA Refinery Crude Runs 0.199M —-0.123M
10:30 AM Crude Oil Imports 1.179M —-0.796M
10:30 AM Cushing Crude Oil Inventories 0.280M —-0.624M
10:30 AM Distillate Fuel Production -0.007M —-0.071M
10:30 AM EIA Weekly Distillates Stocks -3.565M -0.100M-1.462M
10:30 AM Gasoline Production 0.463M —-0.509M
10:30 AM Heating Oil Stockpiles -0.203M —0.164M
10:30 AM EIA Weekly Refinery Utilization Rates 1.7% —-0.6%
10:30 AM Gasoline Inventories -0.222M 0.200M3.870M

Thursday, November 05

14 releases
Time (ET)ReleaseActualConsensusPrevious
4:30 AM Challenger Job Cuts 43.994K —43.281K
5:30 AM Challenger Job Cuts -71.3% —-19.9%
8:30 AM Continuing Jobless Claims 1,718K 1,710K1,695K
8:30 AM Initial Jobless Claims 189K 197K195K
8:30 AM Nonfarm Productivity 3.6% 2.8%2.1%
8:30 AM Unit Labor Costs -0.7% 0.3%1.9%
9:10 AM FOMC Member Barkin Speaks — ——
10:30 AM Natural Gas Storage 77B 81B80B
7:00 PM Fed Logan Speaks — ——
5 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Jobless Claims 4-Week Avg. 194.75K —197.00K
11:30 AM 4-Week Bill Auction 3.890% —3.910%
11:30 AM 8-Week Bill Auction 3.975% —4.020%
4:30 PM Fed's Balance Sheet 6,748B —6,746B
4:30 PM Reserve Balances with Federal Reserve Banks 2.962T —2.895T

Friday, November 06

31 releases · 4 high impact
Time (ET)ReleaseActualConsensusPrevious
4:30 AM FOMC Member Williams Speaks — ——
8:30 AM Average Hourly Earnings High impact 0.4% 0.3%0.3%
8:30 AM Average Hourly Earnings (YoY) High impact 3.1% 2.9%3.2%
8:30 AM Nonfarm Payrolls High impact 165K 65K60K
8:30 AM Unemployment Rate High impact 4.1% 4.2%4.2%
8:30 AM Average Weekly Hours 34.4 34.434.4
8:30 AM Government Payrolls 6.0K —-18.0K
8:30 AM Manufacturing Payrolls 19K 5K13K
8:30 AM Participation Rate 61.9% 61.8%61.8%
8:30 AM Private Nonfarm Payrolls 159K 64K78K
8:30 AM U6 Unemployment Rate 7.9% —7.6%
10:00 AM Michigan Consumer Sentiment 51.0 48.148.0
10:00 AM Michigan 1-Year Inflation Expectations 4.3% 4.6%4.7%
10:00 AM Michigan 5-Year Inflation Expectations 3.4% 3.5%3.5%
10:00 AM Michigan Consumer Expectations 50.9 49.548.8
10:00 AM Michigan Current Conditions 51.0 48.046.7
12:15 PM FOMC Member Bowman Speaks — ——
3:00 PM Consumer Credit 27.84B 13.40B8.19B
13 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
1:00 PM U.S. Baker Hughes Oil Rig Count 463 —462
1:00 PM U.S. Baker Hughes Total Rig Count 604 —603
3:30 PM CFTC Aluminium speculative net positions -1.4K —-1.0K
3:30 PM CFTC Copper speculative net positions 37.7K —48.3K
3:30 PM CFTC Corn speculative net positions 137.6K —201.3K
3:30 PM CFTC Crude Oil speculative net positions 80.3K —74.3K
3:30 PM CFTC Gold speculative net positions 179.5K —186.5K
3:30 PM CFTC Nasdaq 100 speculative net positions 42.9K —48.8K
3:30 PM CFTC Natural Gas speculative net positions -258.9K —-255.2K
3:30 PM CFTC S&P 500 speculative net positions -129.4K —-134.4K
3:30 PM CFTC Silver speculative net positions 21.3K —19.7K
3:30 PM CFTC Soybeans speculative net positions 163.6K —204.1K
3:30 PM CFTC Wheat speculative net positions -62.5K —-50.8K

Next week Nov 9 – Nov 15

Monday, November 09

11 releases
Time (ET)ReleaseActualConsensusPrevious
8:40 AM FOMC Member Bowman Speaks — ——
10:00 AM CB Employment Trends Index — —107.56
10:00 AM Fed Goolsbee Speaks — ——
10:00 AM Wholesale Inventories — 0.6%0.6%
10:00 AM Wholesale Trade Sales — —1.8%
10:30 AM Atlanta Fed GDPNow — 3.4%3.4%
11:00 AM NY Fed 1-Year Consumer Inflation Expectations — —3.9%
12:15 PM FOMC Member Barkin Speaks — ——
3 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
11:30 AM 3-Month Bill Auction — —4.040%
11:30 AM 6-Month Bill Auction — —4.150%
1:00 PM 3-Year Note Auction — —4.932%

Tuesday, November 10

21 releases · 4 high impact
Time (ET)ReleaseActualConsensusPrevious
4:00 AM Fed Waller Speaks — ——
6:00 AM NFIB Small Business Optimism — —97.9
8:30 AM Core CPI High impact — 0.2%0.3%
8:30 AM Core CPI High impact — —2.6%
8:30 AM CPI High impact — 0.3%0.6%
8:30 AM CPI High impact — —3.7%
8:30 AM Core CPI Index — —338.90
8:30 AM CPI Index, n.s.a. — —336.94
8:30 AM CPI Index, s.a — —336.30
8:30 AM CPI, n.s.a — —0.59%
8:30 AM Real Earnings — —-0.5%
9:35 AM Fed Logan Speaks — ——
10:00 AM Cleveland CPI — —0.2%
11:00 AM WASDE Report — ——
1:30 PM Fed Schmid Speaks — ——
3:30 PM FOMC Member Bowman Speaks — ——
5 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
8:15 AM ADP Employment Change Weekly — —16.80K
8:55 AM Redbook — 9.3%10.4%
12:00 PM EIA Short-Term Energy Outlook — ——
1:00 PM 10-Year Note Auction — —5.300%
4:30 PM API Weekly Crude Oil Stock — —-5.267M

Wednesday, November 11

7 releases
Time (ET)ReleaseActualConsensusPrevious
5:00 AM OPEC Monthly Report — ——
7:00 AM MBA Mortgage Applications — —-1.2%
11:00 AM Thomson Reuters IPSOS PCSI — —45.18
4 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
7:00 AM MBA 30-Year Mortgage Rate — —7.30%
7:00 AM MBA Purchase Index — —131.4
7:00 AM Mortgage Market Index — —192.6
7:00 AM Mortgage Refinance Index — —517.5

Thursday, November 12

25 releases
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Continuing Jobless Claims — —1,718K
8:30 AM Initial Jobless Claims — —189K
10:00 AM Existing Home Sales — 3.88M3.99M
10:00 AM Existing Home Sales — —1.5%
10:00 AM Fed Vice Chair for Supervision Barr Speaks — ——
11:30 AM Fed Goolsbee Speaks — ——
12:00 PM Crude Oil Inventories — —-0.865M
1:10 PM FOMC Member Daly Speaks — ——
2:00 PM Federal Budget Balance — —-27.0B
6:30 PM FOMC Member Williams Speaks — ——
15 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Jobless Claims 4-Week Avg. — —194.75K
11:30 AM 4-Week Bill Auction — —3.890%
11:30 AM 8-Week Bill Auction — —3.975%
12:00 PM EIA Refinery Crude Runs — —0.199M
12:00 PM Crude Oil Imports — —1.179M
12:00 PM Cushing Crude Oil Inventories — —0.280M
12:00 PM Distillate Fuel Production — —-0.007M
12:00 PM EIA Weekly Distillates Stocks — —-3.565M
12:00 PM Gasoline Production — —0.463M
12:00 PM Heating Oil Stockpiles — —-0.203M
12:00 PM EIA Weekly Refinery Utilization Rates — —1.7%
12:00 PM Gasoline Inventories — —-0.222M
1:00 PM 30-Year Bond Auction — —5.618%
4:30 PM Fed's Balance Sheet — —6,748B
4:30 PM Reserve Balances with Federal Reserve Banks — —2.962T

Friday, November 13

13 releases
Time (ET)ReleaseActualConsensusPrevious
4:00 AM IEA Monthly Report — ——
8:30 AM Core PPI — 0.3%0.7%
8:30 AM Core PPI — —5.0%
8:30 AM PPI — 0.4%1.3%
8:30 AM PPI — —6.3%
8:30 AM PPI ex. Food/Energy/Transport — —0.5%
8:30 AM PPI ex. Food/Energy/Transport — —5.0%
10:30 AM Natural Gas Storage — —77B
10:50 AM FOMC Member Bowman Speaks — ——
12:00 PM FOMC Member Daly Speaks — ——
7:00 PM Fed Governor Jefferson Speaks — ——
2 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
1:00 PM U.S. Baker Hughes Oil Rig Count — ——
1:00 PM U.S. Baker Hughes Total Rig Count — ——

Week of November 16 Nov 16 – Nov 22

Monday, November 16

1 release
Time (ET)ReleaseActualConsensusPrevious
8:30 AM NY Empire State Manufacturing Index — —25.50

Tuesday, November 17

15 releases · 4 high impact
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Core Retail Sales High impact — —0.9%
8:30 AM Retail Sales High impact — —6.29%
8:30 AM Retail Sales High impact — —0.8%
8:30 AM Retail Sales Ex Gas/Autos High impact — —0.2%
8:30 AM Export Price Index — —2.2%
8:30 AM Import Price Index — —1.1%
8:30 AM Retail Control — —0.1%
9:15 AM Industrial Production — —0.7%
9:15 AM Industrial Production — —2.25%
9:15 AM Capacity Utilization Rate — —76.9%
9:15 AM Manufacturing Production — —0.3%
10:00 AM Business Inventories — —0.4%
10:00 AM NAHB Housing Market Index — —29
10:00 AM Retail Inventories Ex Auto — —0.4%
10:30 AM Atlanta Fed GDPNow — ——

Wednesday, November 18

11 releases
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Building Permits — —-0.4%
8:30 AM Building Permits — —1.398M
8:30 AM Housing Starts — —1.221M
8:30 AM Housing Starts — —-5.2%
9:00 AM Atlanta Fed GDPNow — ——
10:00 AM Pending Home Sales — —-7.3%
10:00 AM Pending Home Sales Index — —66.0
4:00 PM US Foreign Buying, T-bonds — —108.90B
4:00 PM Overall Net Capital Flow — —199.80B
4:00 PM TIC Net Long-Term Transactions — —279.2B
4:00 PM TIC Net Long-Term Transactions including Swaps — —279.20B

Thursday, November 19

9 releases
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Philadelphia Fed Manufacturing Index — —20.9
8:30 AM Philly Fed Business Conditions — —33.0
8:30 AM Philly Fed CAPEX Index — —34.90
8:30 AM Philly Fed Employment — —9.1
8:30 AM Philly Fed New Orders — —4.3
8:30 AM Philly Fed Prices Paid — —43.20
10:00 AM US Leading Index — —0.0%
11:00 AM KC Fed Composite Index — —11
11:00 AM KC Fed Manufacturing Index — —16

Friday, November 20

5 releases
Time (ET)ReleaseActualConsensusPrevious
10:00 AM Michigan Consumer Sentiment — —51.0
10:00 AM Michigan 1-Year Inflation Expectations — —4.3%
10:00 AM Michigan 5-Year Inflation Expectations — —3.4%
10:00 AM Michigan Consumer Expectations — —50.9
10:00 AM Michigan Current Conditions — —51.0

Last week Oct 26 – Nov 1

Friday, October 30

20 releases
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Employment Cost Index 0.8% 0.8%0.9%
8:30 AM Employment Benefits 0.90% —1.00%
8:30 AM Employment Wages 0.70% —0.90%
9:30 AM FOMC Member Barkin Speaks — ——
9:45 AM Chicago PMI 55.3 55.858.8
12:00 PM FOMC Member Daly Speaks — ——
1:30 PM Fed Logan Speaks — ——
13 minor releases (auctions, energy stocks, positioning and similar)
Time (ET)ReleaseActualConsensusPrevious
1:00 PM U.S. Baker Hughes Oil Rig Count 462 —460
1:00 PM U.S. Baker Hughes Total Rig Count 603 —603
3:30 PM CFTC Aluminium speculative net positions -1.0K —-1.0K
3:30 PM CFTC Copper speculative net positions 48.3K —57.4K
3:30 PM CFTC Corn speculative net positions 201.3K —286.7K
3:30 PM CFTC Crude Oil speculative net positions 74.3K —89.3K
3:30 PM CFTC Gold speculative net positions 186.5K —199.9K
3:30 PM CFTC Nasdaq 100 speculative net positions 48.8K —50.7K
3:30 PM CFTC Natural Gas speculative net positions -255.2K —-241.3K
3:30 PM CFTC S&P 500 speculative net positions -134.4K —-142.7K
3:30 PM CFTC Silver speculative net positions 19.7K —19.8K
3:30 PM CFTC Soybeans speculative net positions 204.1K —246.6K
3:30 PM CFTC Wheat speculative net positions -50.8K —-29.3K

Sunday, November 01

1 release
Time (ET)ReleaseActualConsensusPrevious
5:00 AM OPEC Meeting — ——

Source: Nasdaq; refreshed Nov 6, 6:23 PM ET. Times are Eastern Time (ET) and follow daylight saving time. Consensus is the forecast published with the calendar; a dash means none was given. A report listed twice usually shows two measures of the same release, such as the monthly and the year-over-year change. Release dates can move, for example during a federal government shutdown. "High impact" marks the headline reports that most often move stock, bond and currency markets. Not investment advice.

Frequently asked questions

What time is the CPI report released?

The Bureau of Labor Statistics publishes the Consumer Price Index at 8:30 a.m. ET, usually around the middle of the month, covering the previous month. Core CPI excludes food and energy prices, which tend to swing the most.

When does the monthly jobs report come out?

The BLS Employment Situation report, with nonfarm payrolls, the unemployment rate and average hourly earnings, is normally released at 8:30 a.m. ET on the first Friday of the month.

What time does the Fed announce its interest rate decision?

The Federal Open Market Committee holds eight scheduled meetings a year. The rate decision and statement are released at 2:00 p.m. ET on the final day of the meeting, and the Fed Chair's press conference starts at 2:30 p.m. ET.

What does consensus mean on an economic calendar?

The consensus is the typical forecast of economists surveyed before a release. Markets tend to react to the gap between the actual number and the consensus, the surprise, more than to the number itself.