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The economic calendar

Sept. 23, 2013 at 9:57 AM   |   Comments

NEW YORK, Sept. 23 (UPI) -- Economic reports in the final week of the third quarter include gross domestic product reports from the United States and Britain.

Both key reports measuring each country's total economic output are due Thursday. They are also follow-up reports based on new data. In a previous report, the U.S. GDP for the second quarter was estimated at 2.5 percent. The British GDP for the second quarter has been pegged at 0.7 percent.

Reports to start off the week include the Markit composite purchasing managers index for Europe, which combines the PMI for goods-producing and service sectors.

The September PMI for the eurozone, released Monday, was pegged at 52.1, ahead of the August level of 50.7.

The U.S. PMI for manufacturing for September came in shy of expectations at 52.8. Economists had expected the PMI to reach 54 from the August reading of 53.1.

Two key private reports are scheduled for release on Tuesday, including the Standard & Poor's Case-Shiller monthly home price index and the Conference Board's consumer confidence index.

The Federal Reserve Bank of Richmond releases a regional manufacturing report Tuesday. From Canada, the retail report for July is due Tuesday.

On Wednesday, the U.S. Census Bureau News releases its report on durable goods for August.

Thursday, along with the GDP reports from Britain and the United States, the Federal Reserve Bank of Kansas releases a regional manufacturing report.

Eurostat is set to release its consumer confidence report Friday. The U.S. consumer spending report for August is also due Friday.

© 2013 United Press International, Inc. All Rights Reserved. Any reproduction, republication, redistribution and/or modification of any UPI content is expressly prohibited without UPI's prior written consent.
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