Consumer credit and Atlanta Fed GDPNow highlights Monday's economic calendar Via Investing.com
As traders approach another important day in the financial markets, a series of important decisions and the release of economic data that may affect the market dynamics are expected on Monday, September 9, 2024. Although there are no three-star events planned, market participants will carefully monitor two. -star releases, including the Atlanta Fed's GDPNow estimate and consumer credit statistics, which can provide insights into economic growth and consumer behavior.
Major Economic Events to Watch
There are no three star events scheduled for this day.
Some Important Economic Events to Watch
• Atlanta Fed GDPNow at 12:30 PM ET: Forecast 2.1%, previous 2.1%. This measure of real GDP growth provides insight into current economic conditions.
• Consumer Credit at 3:00 PM ET: Forecast $12.50B, previous $8.93B. This outstanding consumer credit ratio can reflect consumer spending and confidence conditions.
Other Economic Events to Watch
• Retail Sales at 10:00 AM ET: Previously -0.6%. It shows changes in sales at the wholesale level.
• Wholesale Inventories at 10:00 AM ET: Forecast 0.3%, previous 0.2%. It measures changes in the amount of goods held by retailers.
• CB Employment Trends Index at 10:00 AM ET: Earlier at 109.61. It combines eight labor market indicators to provide a comprehensive view of employment trends.
• Total Auto Sales at 10:00 AM ET: Forecast 15.40M, previous 15.80M. An important indicator of consumer spending and loyalty.
• NY Fed 1-Year Consumer Inflation Expectations at 11:00 AM ET: Previously 3.0%. It provides information about consumers' expectations about future inflation.
• 3-Month Bill Auction at 11:30 AM ET: Previous 4.970%. It shows the government's short-term borrowing costs.
• 6-Month Bill Auction at 11:30 AM ET: Previously 4.645%. It shows medium-term government borrowing levels.
For more information and the latest updates, please see our Economic Calendar, here
This article was created with the support of AI and reviewed by an editor. For more information see our T&C.
