This Week in the Economy

by CoyDavidson on August 27, 2011

The big economic news last week was Federal Reserve Bank Chairman Ben Bernanke’s speech at Jackson Hole and the revised GDP figures for the second quarter of 2011 which indicated the U.S. economy grew at a weak 1% pace for the period. On the CRE front U.S. commercial property prices rose 0.9 percent in June according to a report from Moody’s Investors Service.

Below are links to the week’s top economic news:

The Week Ahead

There are numerous key economic data reports scheduled for release this week. The key report will be the August employment figures to be released by the Bureau of Labor Statistics on Friday.

Monday

  • Personal Income and Outlays for July
  • Pending Home Sales Index for July
  • FRB Dallas – Manufacturing Survey for August

Tuesday

  • S&P/Case-Shiller Home Price Index for June
  • Conference Board’s – Consumer Confidence Index for August

Wednesday

  • ADP Employment Report for August
  • Manufacturers’ Shipments, Inventories and Orders for July

Thursday

  • Initial Weekly Unemployment Claims
  • Construction Spending for July
  • ISM Manufacturing Index for August

Friday

  • Employment Report for August
  • Baker Hughes Rig Count

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