JOLTs job openings, factory orders highlight crucial economic data Wednesday

Published 02/09/2025, 19:02
© Reuters.

As traders approach another pivotal day for financial markets, a series of crucial decisions and economic data releases that could sway market dynamics are expected on Wednesday, September 3, 2025. The spotlight will be on the JOLTs Job Openings report, which provides valuable insights into the labor market’s health. Additionally, Factory Orders data will offer a glimpse into manufacturing sector activity, while several Federal Reserve officials are scheduled to speak, potentially providing clues about future monetary policy direction.

Major Economic Events to Watch

• 10:00 AM ET - JOLTs Job Openings (Aug): Expected 7.390M, Previous 7.437M. This survey by the US Bureau of Labor Statistics measures job vacancies and is a key indicator of labor market strength.

Other Important Economic Events to Watch

• 10:00 AM ET - Factory Orders (Jul): Forecast -1.3%, Previous -4.8%. This report measures the change in the total value of new purchase orders placed with manufacturers.

• 1:30 PM ET - FOMC Member Kashkari Speaks: Federal Reserve Bank of Minneapolis President Neel Kashkari’s public engagements often provide insights into future monetary policy.

• 2:00 PM ET - Beige Book: This Federal Reserve report on current economic conditions in each of the 12 Federal districts is used by the FOMC in their decision on short-term interest rates.

• 4:30 PM ET - API Weekly Crude Stock: Previous -0.974M. This report on US crude oil, gasoline, and distillates stocks provides an overview of US petroleum demand.

Other Economic Events to Watch

• 7:00 AM ET - MBA 30-Year Mortgage Rate: Previous 6.69%. Fixed 30-year mortgage lending rates for 80% loan-to-value mortgages.

• 7:00 AM ET - MBA Mortgage Applications: Previous -0.5%. Measures the change in the number of new mortgage applications.

• 7:00 AM ET - MBA Purchase Index: Previous 163.8. Includes all mortgage applications for the purchase of a single-family home.

• 7:00 AM ET - Mortgage Market Index: Previous 275.8. Covers all mortgage applications during the week.

• 7:00 AM ET - Mortgage Refinance Index: Previous 894.1. Covers all mortgage applications to refinance an existing mortgage.

• 8:55 AM ET - Redbook: Previous 6.5%. A sales-weighted index of year-over-year same-store sales growth in large US general merchandise retailers.

• 10:00 AM ET - Factory orders ex transportation: Previous 0.4%. Measures the change in new purchase orders placed with manufacturers, excluding transportation orders.

• 10:00 AM ET - Durables Excluding Transport: Previous 1.1%.

• 10:00 AM ET - Durables Excluding Defense: Forecast -2.5%, Previous -2.5%. Measures new orders for durable goods, excluding defense-related items.

• 12:00 PM ET - Total Vehicle Sales: Previous 16.40M. Measures the annualized number of new vehicles sold domestically.

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

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

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