This Week’s Forecast

By
Real Estate Agent with Keller Williams

WILL THE RALLY GET BOOSTED OR FLATTENED?...

There will be lots of opportunity to kick things up a notch or quiet everything down, starting with Monday morning's ISM Index. This is the mega reading on the manufacturing sector. Friday we get four key readings: Nonfarm Payrolls, Unemployment Rate, Hourly Earnings, and Average Work Week. This will provide plenty of build-up to the Fed's December 11 meeting, along with a few earnings reports from Q3 stragglers.

>> The Week's Economic Indicator Calendar

Weaker than expected economic data tends to send bond prices up and interest rates down, while positive data points to lower bond prices and rising loan rates.

Economic Calendar for the Week of Dec 3 - Dec 7

 DateTime (ET)ReleaseForConsensusPriorImpact
M
Dec 3
10:00ISM IndexNov50.5
50.9
HIGH
M
Dec 3
17:00Auto SalesNov5.2M5.1MLow
M
Dec 3
17:00Truck SalesNov7.1M
7.1M
Low

Dec 5
08:30Productivity-RevQ35.5%4.9%Moderate

Dec 5
10:00Factory OrdersOct0.4%0.2%Low

Dec 5
10:00ISM Services IndexQ355.055.8Moderate
Th
Dec 6
08:30Initial Jobless Claims12/01NA352KModerate

Dec 7
08:30Nonfarm PayrollsNov75K166KHIGH

Dec 7
08:30Unemployment RateNov4.8%4.7%HIGH

Dec 7
08:30Hourly EarningsNov0.3%0.2%HIGH

Dec 7
08:30Average Work WeekNov33.833.8HIGH

Dec 7
10:00Univ. of Michigan Consumer Sentiment Index-PrelimDec75.576.1Moderate

Dec 7
15:00Consumer CreditOct$5.0B$3.7BLow

 

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Rainmaker
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Jeffrey DiMuria 321.223.6253 www.SouthBrevardBeachHomes.com
Coldwell Banker Sun Land Realty - Melbourne, FL
www.SouthBrevardBeachHomes.com
I think we are in for a long ride!
December 04, 2007 12:51 PM #1
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