Economic Events to Watch on October 3, 2024

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases could sway market dynamics.

Major Economic Events

8:30 AM ET: Initial Jobless Claims
Forecast: 221K, Previous: 218K
Weekly measure of first-time unemployment insurance claims.
9:45 AM ET: Services PMI
Forecast: 55.4, Previous: 55.7
Monthly survey of executives in private sector service companies.
10:00 AM ET: ISM Non-Manufacturing PMI
Forecast: 51.6, Previous: 51.5
Composite index indicating overall economic condition for the non-manufacturing sector.

8:30 AM ET: Continuing Jobless Claims
Previous: 1,834K
Measures ongoing unemployment insurance claims.
9:45 AM ET: S&P Global Composite PMI
Forecast: 54.4, Previous: 54.6
Combined manufacturing and services sector activity index.
10:00 AM ET: Factory Orders
Forecast: 0.1%, Previous: 5.0%
Measures change in total value of new purchase orders placed with manufacturers.
10:00 AM ET: ISM Non-Manufacturing Employment
Previous: 50.2
Employment component of the ISM Non-Manufacturing PMI.
10:40 AM ET: FOMC Member Bostic Speaks
Public engagement by Federal Reserve Bank of Atlanta President.
4:30 PM ET: Fed’s Balance Sheet
Previous: 7,080B
Weekly statement of Federal Reserve’s assets and liabilities.
4:30 PM ET: Reserve balances with Federal Reserve Banks
Previous: 3.142T
Amount of money depository institutions maintain at regional Federal Reserve Banks.

7:30 AM ET: Challenger Job Cuts
Previous: 75.891K, 1.0%
Information on announced corporate layoffs.
8:30 AM ET: Jobless Claims 4-Week Avg.
Previous: 224.75K
Smoothed weekly data for initial jobless claims.
10:00 AM ET: Factory Orders Ex Transportation
Previous: 0.4%
Factory orders excluding transportation industry.
10:00 AM ET: Durables Excluding Transport
Previous: 0.5%
Durable goods orders excluding transportation sector.
10:00 AM ET: Durables Excluding Defense
Previous: -0.2%
Durable goods orders excluding defense sector.
10:00 AM ET: ISM Non-Manufacturing Prices
Previous: 57.3
Price component of ISM Non-Manufacturing PMI.
10:00 AM ET: ISM Non-Manufacturing New Orders
Previous: 53.0
New orders component of ISM Non-Manufacturing PMI.
10:00 AM ET: ISM Non-Manufacturing Business Activity
Previous: 53.3
Business activity component of ISM Non-Manufacturing PMI.
10:30 AM ET: Natural Gas Storage
Previous: 47B
Weekly change in natural gas held in underground storage.
11:30 AM ET: 4-Week Bill Auction
Previous: 4.700%
Treasury bill auction results.
11:30 AM ET: 8-Week Bill Auction
Previous: 4.650%
Treasury bill auction results.

For further 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.