The jobs numbers always get the headlines. Which is odd. It’s a trailing indicator, a recitation of history rather than an anticipation of the things to come. And yet, it’s up close and personal. Most of us have jobs, and all of us understand the impact of being without work.
Hence, the headlines that we’ll see on Friday when the employment situation report is published at 8:30 a.m. New York time. The sneak preview, the ADP employment report compiled by a leading American payroll company, will be released on Wednesday at 8:15 a.m.
On Friday, simultaneously with the jobs report, we’ll get international trade stats, also at 8:30 a.m.
A major forward-looking report, the Institute of Supply Management manufacturing survey, will by published on Monday at 10 a.m.
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And the Fedsters are coming out in droves during the week.
Fed Chairman Jerome Powell has two appearances.
First, he talks about the economic with the National Association of Business Economics annual meeting in Boston, on Tuesday at 12:45 a.m., and then sits for a discussion with PBS NewsHour anchor Judy Woodruff at The Atlantic Festival in Washington, D.C., on Wednesday at 4 p.m. The discussion with Woodruff will be streamed here.
Fed Vice Chairman for Supervision Randal Quarles has two appearances as well.
He testifies on Tuesday at 10 a.m. before the Senate Banking, Housing and Urban Development Committee, about implementation of the Economic Growth, Regulatory Relief and Consumer Protection Act, signed into law by President Trump at June. It reforms the post-recession Dodd-Frank regulations, among other things.
Quarles also speaks about trends in community banking to the St. Fed’s community banking conference, in St. Louis, Mo., on Thursday at 9:15 a.m. It will be screened here.