Peak Holiday Season Brings Slew of Economic Data, Earnings

The Federal Reserve's latest "Beige book" is due out

Assistant Editor
Nov 25, 2020 at 3:36 PM
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Investors get little chance to breathe following the holiday shortened week, as they'll be immediately hit with a slew of data to digest as we enter peak holiday season with the beginning of December. The week starts with home and motor vehicle data, as well as manufacturing reports. While Wednesday looks like a slow day, the Federal Reserve's latest "Beige book" report is due out, as well as the ADP employment report. Thursday comes with the usual jobless claims data for investors to pore over. The week ends with even more employment data is due out, in addition to trade deficit data and factory orders.

As we approach the end of the year, there's still some notable earnings reports set to be released. Digging deeper, Carnival (CCL), Dollar General (DG), Kroger (KR),  Ollie's Bargain Outlet (OLLI), Salesforce.com (CRM), and Zoom Video (ZM) will all step into the earnings confessional.

Below is a brief list of some key market events and a few high-profile earnings releases scheduled for the upcoming week. All earnings and economic dates listed below are tentative and subject to change. Please check with each company's respective website for official reporting dates.

The week starts Monday, November 30, with the Chicago purchasing managers index (PMI) and pending home sales data.

Tuesday, December 1 is packed to the brim, as Markit manufacturing PMI, ISM Manufacturing Index, construction spending, and motor vehicle sales data are all set to be released.

It's a slower day on Wednesday, December 2, though investors still have the latest ADP employment report to look forward to. Additionally, the Federal Reserve's "Beige book" is on tap.

Things pick back up on Thursday, December 3, with a slew of employment data set to be released. Meanwhile, Markit Services PMI and ISM services index information is due to be released.

Friday, December 4 closes out with the nonfarm payrolls and the latest unemployment rate. Average hourly earnings, trade deficit and factory orders data are on the docket as well.

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