Major Economic Events to Watch on September 9, 2024

As traders approach another pivotal day for financial markets, several crucial decisions and economic data releases are expected. Although no three-star events are scheduled, market participants will be attentive to two-star releases that may sway market dynamics.

Important Economic Releases

• Atlanta Fed GDPNow
  Time: 12:30 PM ET
  Forecast: 2.1%
  Previous: 2.1%
  This running estimate of real GDP growth offers insights into current economic conditions.

• Consumer Credit
  Time: 3:00 PM ET
  Forecast: $12.50B
  Previous: $8.93B
  This measure indicates trends in consumer spending and confidence.

Other Economic Events to Watch

• Wholesale Trade Sales
  Time: 10:00 AM ET
  Previous: -0.6%
  Indicates changes in sales at the wholesale level.

• Wholesale Inventories
  Time: 10:00 AM ET
  Forecast: 0.3%
  Previous: 0.2%
  Measures changes in the value of goods held by wholesalers.

• CB Employment Trends Index
  Time: 10:00 AM ET
  Previous: 109.61
  Aggregates eight labor market indicators to provide a comprehensive view of employment trends.

• Total Vehicle Sales
  Time: 10:00 AM ET
  Forecast: 15.40M
  Previous: 15.80M
  An important indicator of consumer spending and confidence.

• NY Fed 1-Year Consumer Inflation Expectations
  Time: 11:00 AM ET
  Previous: 3.0%
  Offers insights into consumer expectations for future inflation.

• 3-Month Bill Auction
  Time: 11:30 AM ET
  Previous: 4.970%
  Reflects short-term government borrowing costs.

• 6-Month Bill Auction
  Time: 11:30 AM ET
  Previous: 4.645%
  Indicates medium-term government borrowing rates.

For more information and the latest updates, please refer to our Economic Calendar.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.