by Calculated Risk on 8/07/2021 08:05:00 AM
The key report this week is July CPI.
This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.
Jobs openings increased in May to 9.209 million from 9.193 million in April.
The number of job openings (yellow) were up 69% year-over-year, and Quits were up 63% year-over-year.
6:00 AM ET: NFIB Small Business Optimism Index for July.
12:00 PM: MBA Q2 National Delinquency Survey
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The Consumer Price Index for July from the BLS. The consensus is for a 0.5% increase in CPI, and a 0.4% increase in core CPI.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for a decrease to 370 thousand from 385 thousand last week.
8:30 AM: The Producer Price Index for July from the BLS. The consensus is for a 0.6% increase in PPI, and a 0.5% increase in core PPI.
10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for August).