Date
GMT+07:00
Event Value
Aug, 16 19:30
★★
Manufacturing Shipments
Manufacturing Shipments
Country:
Date: Aug, 16 19:30
Importance: Medium
Previous: 1.4% m/m
Forecast: 1.0% m/m
Actual: -
Period: Jun

CManufacturing Shipments - also known as "shipments of goods of own manufacture" - report the production of goods produced by Canadian establishments in the "Manufacturing Sector (NAICS 31-33)". It measures the Dollar value, not the quantity of manufactured goods produced.

1.4% m/m
Aug, 16 19:30
★★
ADP Non-Farm Employment Change
ADP Non-Farm Employment Change
Country:
Date: Aug, 16 19:30
Importance: Medium
Previous: -10.5K
Forecast: -
Actual: -
Period: Jul
Job creation is an important leading indicator of consumer spending, which accounts for a majority of overall economic activity. ADP analyzes payroll data from more than 2 million workers to derive employment growth estimations.
-10.5K
Aug, 16 19:30
★★★
Building Permits
Building Permits
Country:
Date: Aug, 16 19:30
Importance: High
Previous: 1273K; -2.2% m/m
Forecast: 1310K; 1.4% m/m
Actual: -
Period: Jul

The number of new building projects authorized for construction. The figure is widely used as an indicator for developments in the housing market, since receiving a permit to build is the first step in the construction process. Thus growth in Building Permits reflects growth in the construction sector. Also, due to the high outlays needed for construction projects, an increase in Building Permits suggests corporate and consumer optimism. Additionally, because leading indicators for the housing market respond quickly to changes in the business cycle, the Building Permit figure can act as a leading indicator for the economy as a whole.

The headline is the seasonally adjusted percentage change in Building Permits from the previous month.

1273K; -2.2% m/m
Aug, 16 19:30
★★
Housing Starts
Housing Starts
Country:
Date: Aug, 16 19:30
Importance: Medium
Previous: 1173K; -12.3% m/m
Forecast: 1260K; 7.4% m/m
Actual: -
Period: Jul

Gauges the change in the number of new houses built in the United States. Housing Starts are one of the earliest indicators of the housing market, only trailing Building Permits in timeliness.

Because high outlays are needed to start construction projects, an increase in Housing Starts implies an increase in investment and business optimism. Finally, the Housing Starts figure gives insight into consumer activity, since new home purchases typically require a large investment for consumers. Given such connections to consumer and corporate sentiment, real estate generally leads economic developments. A sharp drop in new home construction is a warning signal of economic slowdown. Conversely, a rebound in the Housing Starts paves the way for economic recovery.

Housing Starts data is differentiated by building types (single family houses, 2 to 4 residence units and 5 or more residence units). The single family housing starts is a more reliable economic indicator than multi family housing starts, as single family house building is driven by demand and consumer confidence, whereas multi family house building is more often motivated by speculative real estate investors. The report headline is expressed in volume of houses built. The figures are in the thousands of units.

1173K; -12.3% m/m
Aug, 16 19:30
★★
Philadelphia Fed Manufacturing Index
Philadelphia Fed Manufacturing Index
Country:
Date: Aug, 16 19:30
Importance: Medium
Previous: 25.7
Forecast: 21.9
Actual: -
Period: Aug

It is a survey conducted by the Philadelphia Fed questioning manufacturers in the Third Federal Reserve District on general business conditions. Conducted since 1968, the "Philly Fed" survey is an established report, valued for its timeliness, scope of coverage and tendency to forecast developments in the market moving ISM Manufacturing figure.

Higher Philadelphia Fed Survey figures indicate a positive outlook from manufacturers suggesting increased production. Higher production contributes to economic growth, which is generally bullish for the dollar.

Results are calculated as the difference between percentage of positive and negative scores; zero acts as the centerline point.

25.7
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