Date
GMT+00:00
Event Previous Forecast Actual
Nov, 30 14:45
★★
Chicago Purchasing Managers Index
Chicago Purchasing Managers Index
Country:
Date: Nov, 30 14:45
Importance: Medium
Previous: 61.1
Forecast: 59.4
Actual: -
Period: Nov

Monthly measure of the business conditions based on surveys of purchasing managers across Illinois, Indiana and Michigan. Released on the last business day of the reporting month, the report's significance has recently declined, with its only significance being that it precedes the more anticipated ISM report. Subsequently, it is used to predict the ISM report as the Chicago survey retains a high correlation with the broader economic release.

Referring to a benchmark of 50, the report is considered to reflect expansion when printing a reading of 50 or higher. Conversely, a reading of 49 and lower would be indicative of contraction.

61.1 59.4 -
Nov, 30 15:00
★★
Pending Home Sales
Pending Home Sales
Country:
Date: Nov, 30 15:00
Importance: Medium
Previous: -2.2% m/m; 21.9% y/y
Forecast: 1.1% m/m
Actual: -
Period: Oct

Tracks residential housing contract activity of existing single-family homes. The Pending Home Sales report is an advanced read on trends in the US housing market. Housing is typically correlated to the overall state of the economy; particularly indicative of economic turning points. A sharp drop in housing demand typically acts as a warning signal of economic slowdown as buyers are reluctant to purchase houses when interest rates are high, disposable income is low, or consumer confidence is low. Conversely, a rebound in the housing market is often a leading indicator of an economic recovery.

The report headline is expressed in percentage change in pending home sales from previous month.

-2.2% m/m; 21.9% y/y 1.1% m/m -
Nov, 30 21:30
AIG Manufacturing Index
AIG Manufacturing Index
Country:
Date: Nov, 30 21:30
Importance: Low
Previous: 56.3
Forecast: -
Actual: -
Period: Nov

This indicator measures business conditions in a number of manufacturing and manufacturing-related companies. A number above 50.0 indicates industry expansion; below 50.0 signals a contraction. Survey conducted by the Australian Industry Group (AIG).

56.3 - -
Nov, 30 22:00
PMI Manufacturing (CBA)
PMI Manufacturing (CBA)
Country:
Date: Nov, 30 22:00
Importance: Low
Previous: 56.1
Forecast: 56.1
Actual: -
Period: Nov

A monthly gauge of manufacturing activity and future outlook. The CIPS PMI is comparable to the US ISM survey, similarly based on the opinions of executives in manufacturing companies. Purchasing managers are tasked with gauging future demand, and adjusting orders for materials accordingly. The PMI summarizes the opinions of these executives to give a picture of the future of the manufacturing sector. A higher PMI indicates that materials purchases are increasing and that the economic outlook is positive. Alternately, a lower PMI means orders for materials are down and the future outlook is less favorable. By nature, the figure is very sensitive to the business cycle and tends to match growth or decline in the economy as a whole.

The PMI is presented as an index with a value between 1-100.

56.1 56.1 -
Nov, 30 23:30
Unemployment Rate
Unemployment Rate
Country:
Date: Nov, 30 23:30
Importance: Low
Previous: 3.0%
Forecast: 3.1%
Actual: -
Period: Oct

The percentage of individuals in the labor force who are without a job but actively seeking one. A higher Unemployment Rate is generally a drain on the economy. Not only does it mean that resources are not being fully utilized, but it also results in lower consumer spending as there are fewer workers receiving paychecks.

Note: The unemployment rate generally moves slowly, so changes of only a few tenths of a percent are still considered significant. Also note that the unemployment rate does not account for discouraged workers. Therefore, in an economically depressed environment, such as that which occurred in Cold War era East Germany, the Unemployment Rate may not accurately reflect the extent of problems.

3.0% 3.1% -