Date
GMT+01:00
Event Previous Forecast Actual
Jul, 31 14:45
Chicago Purchasing Managers Index
Chicago Purchasing Managers Index
Country:
Date: Jul, 31 14:45
Importance: Low
Previous: 40.4
Forecast: 41.8
Actual: -
Period: Jul

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.

40.4 41.8 -
Jul, 31 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: Jul, 31 15:30
Importance: Low
Previous: 23
Forecast: 37
Actual: -
Period: Jul

Weekly report about natural gas storage change in the USA.

23 37 -
Jul, 31 23:45
Building Permits
Building Permits
Country:
Date: Jul, 31 23:45
Importance: Low
Previous: 10.4%
Forecast: -
Actual: -
Period: Jun

The number of new building projects authorized for construction New Zealand . Building Consents, or Building Permits, are issued when a building project has been authorized to begin construction. Since Building Consents serve as one of the earliest signals of expanded housing supply, the report is a leading indicator for the overall housing market. Also, because of the high outlays needed for construction projects Building Permits suggests optimism for corporate or consumer spending. Lastly, housing indicators are popular leading indicators due to the multiplier effect that they have on the rest of the economy. The headline is the percentage change in new consents for the month.

Note: When looking deeper into the report it is important to analyze in detail what the type of projects the consents are for, as Building Consents include residential housing as well as 'big-ticket' non-residential buildings and government projects that can create large gyrations in the report month to month.

10.4% - -
Aug, 01 00:30
Unemployment Rate
Unemployment Rate
Country:
Date: Aug, 01 00:30
Importance: Low
Previous: 2.5%
Forecast: 2.5%
Actual: -
Period: Jun

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.

2.5% 2.5% -
Aug, 01 01:30
PMI Manufacturing
PMI Manufacturing
Country:
Date: Aug, 01 01:30
Importance: Low
Previous: 48.8
Forecast: 48.8
Actual: -
Period: Jul

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.

48.8 48.8 -