Date
GMT+01:00
Event Value
Apr, 04 06:45
Unemployment Rate
Unemployment Rate
Country:
Date: Apr, 04 06:45
Importance: Low
Previous: 2.7%; 2.9%
Forecast: 2.7%
Actual: -
Period: Mar

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.

High unemployment translates into lower average wages and reduced consumer spending. As consumer spending is the majority of total expenditure, rising unemployment often leads to slow economic growth. In addition, high or rising unemployment puts downward pressure on interest rates and leads to a depreciating Franc.

2.7%; 2.9%
Apr, 04 07:00
Factory Orders
Factory Orders
Country:
Date: Apr, 04 07:00
Importance: Low
Previous: -7.0%; -2.6%
Forecast: 3.4%
Actual: -
Period: Feb

Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers. Factory Orders is not a widely watched economic release.

Factor Orders does provide a comprehensive look at the manufacturing sector. Specifically, the New Orders figure can act as a gauge of demand across industries while Shipments are indicative of supply. The Unfilled Orders and Inventory figures reconcile the balance between New Orders and Shipments; high Shipments are indicative of an excess of demand relative to supply, high Inventories signal an excess of supply over demand.

Figures are reported in billions of dollars and also in percent change from the previous month.

On a Technical Note: The New Orders figure measures the value of orders received by manufacturers for new products from both domestic and foreign sources. The total value of products shipped is calculated in Shipments while Unfilled Orders measures the value of goods backlogged for order but not yet shipped. Lastly, Inventories gauges the amount of unsold goods held by manufacturers.

-7.0%; -2.6%
Apr, 04 07:45
Industrial Production
Industrial Production
Country:
Date: Apr, 04 07:45
Importance: Low
Previous: -0.6%
Forecast: 0.5%
Actual: -
Period: Feb

Measures the level of production of French industries. French Industrial Production tracks relative changes in the production of goods, excluding energy and food, whether they are sold domestically or abroad. The headline figure is the percentage change in the index from the previous quarter or year.

Industrial Production is highly sensitive to the business cycle, and so can forecast changes in employment, earnings, and personal income. Consequently, Industrial Production is considered a reliable leading indicator of the overall health of the French economy.

-0.6%
Apr, 04 09:00
Retail Sales
Retail Sales
Country:
Date: Apr, 04 09:00
Importance: Low
Previous: -0.4%; 0.9%
Forecast: 0.2%
Actual: -
Period: Feb

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

-0.4%; 0.9%
Apr, 04 09:30
★★
Construction PMI
Construction PMI
Country:
Date: Apr, 04 09:30
Importance: Medium
Previous: 44.6
Forecast: 46.3
Actual: -
Period: Mar

The Construction Purchasing Manager's Index (PMI) measures the level of activity among purchasing managers in the construction sector of the economy. Above 50 signals industry expansion; below 50 indicates a contraction. Construction figures are an important indicator of housing demand.

44.6
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