Economic Calendar: September 2-6

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, September 2 The financial markets are closed for the Labor Day holiday. Tuesday, September 3 10 a.m. Purchasing Managers' Index for August National Association of Purchasing Management 50.5 51.8 50.5 50.5 Wednesday, September 4 7 a.m. Mortgage Applications Survey for the week ended August 30 -- Refinancing Index Mortgage Bankers Association 5129.6 n.a. 5355.4 5355.4 Purchase Index 359.7 n.a. 344.7 344.7 9 a.m. BTM-UBSW Weekly Chain Store Sales Index for the week ended August 31 Bank of Tokyo-Mitsubishi and UBS Warburg +0.5% n.a. unchgd. -0.3% 9 a.m. Redbook Retail Average for the month through August 31, vs. July LJR Redbook -- n.a. -- -0.4% 10 a.m. Construction spending for July Census Bureau unchgd. -0.5% -1.7% -2.2% 6:30 p.m. Consumer Comfort Index for the week ended August 31 Money Magazine and ABC News -13 n.a. -11 -11 Thursday, September 5 8:30 a.m. Productivity for Q2 -- revised Labor Department +1.5% +1.1% see Actual +1.1% (Q2 - prelim.) +8.6% +8.4% (Q1) Unit labor costs +2.1%% n.a. see Actual +2.4% (Q2 - prelim.) -4.6% -5.2% (Q1) 8:30 a.m. Initial Jobless Claims for the week ended August 31 Labor Department 403,000 395,000 411,000 403,000 Four-week average 400,000 n.a. 394,750 392,750 10 a.m. Purchasing Managers' Non-Manufacturing Index for MONTH National Association of Purchasing Management 50.9 n.a. 54.0 53.1 10 a.m. Factory orders for July Census Bureau +4.7% +4.7% -2.5% -2.4% Friday, September 6 8:30 a.m. Nonfarm payrolls for Auguat Labor Department +39,000 +30,000 +67,000 +6,000 Average hourly earnings +0.3% +0.3% +0.2% +0.3% Unemployment rate 5.7% 5.9% 5.9% 5.9% Augmented unemployment rate -- n.a. -- 9.0% Pool of available workers 12.65M n.a. 13.24M 13.24M 9:40 a.m. Future Inflation Gauge for August Economic Cycle Research Institute 109.0 n.a. 107.0 107.0

P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by Reuters

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