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

2 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

Tuesday, November 03

1 release
Time (ET)ReleaseActualConsensusPrevious
10:00 AM JOLTS Job Openings 7.523M 7.150M7.190M

Wednesday, November 04

6 releases
Time (ET)ReleaseActualConsensusPrevious
8:15 AM ADP Nonfarm Employment Change 86K 67K86K
8:30 AM Trade Balance -105.00B -107.90B-105.70B
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
10:30 AM Crude Oil Inventories -0.865M -1.700M-1.892M

Thursday, November 05

4 releases
Time (ET)ReleaseActualConsensusPrevious
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%

Friday, November 06

5 releases · 4 high impact
Time (ET)ReleaseActualConsensusPrevious
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%
10:00 AM Michigan Consumer Sentiment 51.0 48.148.0

Next week Nov 9 – Nov 15

Tuesday, November 10

4 releases · 4 high impact
Time (ET)ReleaseActualConsensusPrevious
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%

Thursday, November 12

5 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%
12:00 PM Crude Oil Inventories — —-0.865M

Friday, November 13

6 releases
Time (ET)ReleaseActualConsensusPrevious
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%

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

6 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%
9:15 AM Industrial Production — —0.7%
9:15 AM Industrial Production — —2.25%

Wednesday, November 18

6 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%
10:00 AM Pending Home Sales — —-7.3%
10:00 AM Pending Home Sales Index — —66.0

Thursday, November 19

1 release
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Philadelphia Fed Manufacturing Index — —20.9

Friday, November 20

1 release
Time (ET)ReleaseActualConsensusPrevious
10:00 AM Michigan Consumer Sentiment — —51.0

Last week Oct 26 – Nov 1

Friday, October 30

2 releases
Time (ET)ReleaseActualConsensusPrevious
8:30 AM Employment Cost Index 0.8% 0.8%0.9%
9:45 AM Chicago PMI 55.3 55.858.8

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.