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TheDesperateTrader
Macro Calendar

Economic Calendar

TheDesperateTrader.com· the events that move the whole market

The big US macro releases this week, in Eastern time. These move the entire market, not just one stock, so plan your risk around them. Consensus is what economists expect; actual is the print once it lands.

Next market-moving release
Michigan 1-Year Inflation Expectations
Sat, Aug 29 at 10:00 AM ET · in 8 hours · economists expect 4.3%
Last checked
Aug 29, 2:27 AM ET
Times and consensus from official US agency schedules. Actuals fill in as each print lands.

Sat, Aug 29

10:00 AM
Michigan Consumer Sentiment
Michigan 1-Year Inflation Expectations

A closely-watched survey of how consumers feel about the economy and their finances, including their inflation expectations. Official release (U. Michigan)

Actual
Consensus
4.3%
Previous
4.2%
10:00 AM
Michigan Consumer Sentiment
Michigan 5-Year Inflation Expectations

A closely-watched survey of how consumers feel about the economy and their finances, including their inflation expectations. Official release (U. Michigan)

Actual
Consensus
3.3%
Previous
3.3%
10:00 AM
Michigan Consumer Sentiment
Michigan Consumer Expectations

A closely-watched survey of how consumers feel about the economy and their finances, including their inflation expectations. Official release (U. Michigan)

Actual
Consensus
50.6
Previous
55.4
10:00 AM
Michigan Consumer Sentiment

A closely-watched survey of how consumers feel about the economy and their finances, including their inflation expectations. Official release (U. Michigan)

Actual
Consensus
51.0
Previous
55.2
10:00 AM
Michigan Consumer Sentiment
Michigan Current Conditions

A closely-watched survey of how consumers feel about the economy and their finances, including their inflation expectations. Official release (U. Michigan)

Actual
Consensus
51.8
Previous
54.8
10:00 AM
Nonfarm Payrolls (Jobs Report)NFP
Payrolls Benchmark, n.s.a.

How many jobs the US economy added last month. The biggest monthly market mover — it drives the Fed's read on the labor market. Official release (BLS)

Actual
Consensus
Previous
-862.00K

Wed, Sep 2

9:45 AM
S&P Global PMIPMI
S&P Global Manufacturing PMI

Purchasing Managers' Index — a survey-based activity gauge. Above 50 signals expansion, below 50 contraction. Official release (S&P Global)

Actual
Consensus
53.2
Previous
53.2
10:00 AM
ISM Manufacturing PMIISM
ISM Manufacturing Employment

A survey of factory purchasing managers. Above 50 signals expansion, below 50 contraction — an early read on the economy. Official release (ISM)

Actual
Consensus
Previous
52.8
10:00 AM
ISM Manufacturing PMIISM
ISM Manufacturing New Orders Index

A survey of factory purchasing managers. Above 50 signals expansion, below 50 contraction — an early read on the economy. Official release (ISM)

Actual
Consensus
Previous
56.7
10:00 AM
ISM Manufacturing PMIISM

A survey of factory purchasing managers. Above 50 signals expansion, below 50 contraction — an early read on the economy. Official release (ISM)

Actual
Consensus
55.3
Previous
55.6
10:00 AM
ISM Manufacturing PMIISM
ISM Manufacturing Prices

A survey of factory purchasing managers. Above 50 signals expansion, below 50 contraction — an early read on the economy. Official release (ISM)

Actual
Consensus
Previous
71.1
10:00 AM
Job Openings (JOLTS)JOLTS
JOLTS Job Openings

The number of open jobs across the economy — a labor-demand gauge the Fed uses to judge how tight the jobs market is. Official release (BLS)

Actual
Consensus
Previous
7.359M

Thu, Sep 3

8:15 AM
Nonfarm Payrolls (Jobs Report)NFP
ADP Nonfarm Employment Change

How many jobs the US economy added last month. The biggest monthly market mover — it drives the Fed's read on the labor market. Official release (BLS)

Actual
Consensus
Previous
44K
10:00 AM
Factory Orders

Total new orders placed with US manufacturers — a gauge of industrial demand. Official release (Census)

Actual
Consensus
Previous
-0.3%
10:00 AM
Factory Orders
Factory orders ex transportation

Total new orders placed with US manufacturers — a gauge of industrial demand. Official release (Census)

Actual
Consensus
Previous
-0.4%

Fri, Sep 4

8:30 AM
Initial Jobless Claims
Continuing Jobless Claims

Weekly count of new unemployment filings — the fastest, most current read on the labor market. Official release (DOL)

Actual
Consensus
Previous
1,778K
8:30 AM
Initial Jobless Claims

Weekly count of new unemployment filings — the fastest, most current read on the labor market. Official release (DOL)

Actual
Consensus
Previous
203K
8:30 AM
Initial Jobless Claims
Jobless Claims 4-Week Avg.

Weekly count of new unemployment filings — the fastest, most current read on the labor market. Official release (DOL)

Actual
Consensus
Previous
205.50K
8:30 AM
Nonfarm Payrolls (Jobs Report)NFP
Nonfarm Productivity

How many jobs the US economy added last month. The biggest monthly market mover — it drives the Fed's read on the labor market. Official release (BLS)

Actual
Consensus
1.4%
Previous
1.4%
8:30 AM
Trade Balance

The gap between US exports and imports. A widening deficit can weigh on GDP and the dollar. Official release (BEA)

Actual
Consensus
Previous
-73.30B
9:45 AM
S&P Global PMIPMI
S&P Global Services PMI

Purchasing Managers' Index — a survey-based activity gauge. Above 50 signals expansion, below 50 contraction. Official release (S&P Global)

Actual
Consensus
56.8
Previous
56.8
10:00 AM
ISM Services PMIISM
ISM Non-Manufacturing Business Activity

A survey of services-sector managers (the bulk of the economy). Above 50 = expansion. A key growth gauge. Official release (ISM)

Actual
Consensus
Previous
59.1
10:00 AM
ISM Services PMIISM
ISM Non-Manufacturing Employment

A survey of services-sector managers (the bulk of the economy). Above 50 = expansion. A key growth gauge. Official release (ISM)

Actual
Consensus
Previous
47.4
10:00 AM
ISM Services PMIISM
ISM Non-Manufacturing New Orders

A survey of services-sector managers (the bulk of the economy). Above 50 = expansion. A key growth gauge. Official release (ISM)

Actual
Consensus
Previous
57.2
10:00 AM
ISM Services PMIISM
ISM Non-Manufacturing PMI

A survey of services-sector managers (the bulk of the economy). Above 50 = expansion. A key growth gauge. Official release (ISM)

Actual
Consensus
Previous
54.1
10:00 AM
ISM Services PMIISM
ISM Non-Manufacturing Prices

A survey of services-sector managers (the bulk of the economy). Above 50 = expansion. A key growth gauge. Official release (ISM)

Actual
Consensus
Previous
70.3

Sat, Sep 5

8:30 AM
Nonfarm Payrolls (Jobs Report)NFP
Government Payrolls

How many jobs the US economy added last month. The biggest monthly market mover — it drives the Fed's read on the labor market. Official release (BLS)

Actual
Consensus
Previous
-53.0K
8:30 AM
Nonfarm Payrolls (Jobs Report)NFP
Manufacturing Payrolls

How many jobs the US economy added last month. The biggest monthly market mover — it drives the Fed's read on the labor market. Official release (BLS)

Actual
Consensus
Previous
5K
8:30 AM
Nonfarm Payrolls (Jobs Report)NFP
Nonfarm Payrolls

How many jobs the US economy added last month. The biggest monthly market mover — it drives the Fed's read on the labor market. Official release (BLS)

Actual
Consensus
45K
Previous
-23K
8:30 AM
Nonfarm Payrolls (Jobs Report)NFP
Private Nonfarm Payrolls

How many jobs the US economy added last month. The biggest monthly market mover — it drives the Fed's read on the labor market. Official release (BLS)

Actual
Consensus
50K
Previous
30K
8:30 AM
Unemployment Rate
U6 Unemployment Rate

The share of the labor force without a job. Released with the jobs report; a rising rate can pull the Fed toward rate cuts. Official release (BLS)

Actual
Consensus
Previous
7.9%
8:30 AM
Unemployment Rate

The share of the labor force without a job. Released with the jobs report; a rising rate can pull the Fed toward rate cuts. Official release (BLS)

Actual
Consensus
4.2%
Previous
4.1%

Common questions about the economic calendar

What is the next market-moving economic release?

Michigan 1-Year Inflation Expectations, Sat, Aug 29 at 10:00 AM ET (in 8 hours). It is the first scheduled US release in this window that has not printed yet.

When is the next jobs report?

The next US jobs report (ADP Nonfarm Employment Change) is Thu, Sep 3 at 8:15 AM ET. It lands at 8:30 AM ET on its scheduled day and typically moves rates and equities together.

What do consensus, actual and previous mean?

Consensus is what economists expect before the release. Actual is the number once it prints. Previous is the prior period's reading. The market reacts to the gap between actual and consensus, not to the number on its own, so a strong print that misses expectations can still sell off.

What time do US economic releases come out?

Most major US macro data prints at 8:30 AM ET, an hour before the equity open, which is why premarket can move violently on a surprise. Fed rate decisions land at 2:00 PM ET. Every time on this page is Eastern.

Times in ET. Data via Nasdaq, refreshed hourly. Not investment advice.

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