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Chris Black

This week's Economic News

Monday, August 2, 2010 - Article by: Chris Black - iMortgage - Message


8:30 July personal income and spending (income +0.1%, spending unch) 10:00 June factory orders (-0.5%) June pending home sales -5.0% 2:00 July auto and truck salesWednesday; 7:00 weekly MBA mortgage applications 8:15 ADP July private jobs estimate (+25K) 10:00 ISM Services sector index (53.0 frm 53.8 in June)Thursday; 8:30 weekly jobless claims (-2K to 455K, continuing claims 4.530 mil frm 4.565 mil) Friday; 8:30 July employment from BLS ( non-farm jobs -70K; private jobs +100K) July unemployment rate (9.6% frm 9.5%) 3:00 June Consumer Credit (-$5.7B)In recognition that employment is the key this week click on this address for an interesting view of unemployment from 2007 now. A picture they say is worth a lot.

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