Weekly Economic Update: September 14 - 18, 2015
LAST WEEK
News & Commentary Weekly Highlights:
- CNN: Why Have So Many Men Stopped Working? (Friday)
- Wall Street Journal: For Budget Analysis, Don’t Fear Dynamic Scoring, Says Former CBO Chief (Thursday)
- Market Watch: China to Roll Out ‘More Forceful’ Fiscal Policy (Wednesday)
- Forbes: Public Pensions Lower Return Assumptions, But Taking More Risk (Tuesday)
- Market Watch: Fed Weighs Global Gloom vs. Brighter U.S. Economy as Key Rate Decision Looms (Tuesday)
Top Economic Indicator Highlights:
Job Openings and Labor Turnover Survey (JOLTS, July)
- Job openings: 5.753 million
- Hires: 4.983 million
- Separations (quits, layoffs, discharges): 4.716 million
- Noteworthy: Job openings jumped to a new series record and exceeded hires for the sixth consecutive month. Among separations, there were 2.7 million quits and 1.6 million layoffs and discharges.
THIS WEEK
Upcoming Economic Reports & Releases:
Major Indicators
- Retail Sales (8:30am, Tuesday)
- Industrial Production (9:15am, Tuesday)
- Business Inventories (10am, Tuesday)
- Consumer Price Index (8:30am, Wednesday)
- Housing Starts and Building Permits (8:30am, Friday)
Reports
- National 2014 Income, Poverty and Health Insurance Coverage Statistics (Wednesday)
- Federal Open Market Committee Announcement and Forecasts (2pm, Thursday)
Chart of the Week: