Wednesday’s Economic Calendar

The Mortgage Bankers' Association compiles various mortgage loan indexes. The purchase applications index measures applications at mortgage lenders.

8:15 AM ADP Employment Report

The national employment report from Automated Data Processing Inc. is computed from ADP payroll data and offers advance indications on the U.S. workforce.

Private payrolls are expected up a moderate 70K in September after 38K in August.

8:30 AM GDP

Gross Domestic Product represents the total value of the country's production during the period and consists of the purchases of domestically-produced goods and services by individuals, businesses, foreigners, and government entities.

The consensus sees no revision in Q2 GDP in the final report from 1.5 percent growth previously.

8:30 AM International Trade in Goods (Advance)

This monthly report offers advance import and export data on the goods components of the monthly trade report.

The goods trade gap is expected to narrow marginally to $114.8 billion from a yawning $119.6 billion in the most recent report.

8:30 AM Personal Income and Outlays

Personal income represents the income that households receive from all sources, including wages and salaries; fringe benefits such as employer contributions to private pension plans, proprietors' income, income from rent, dividends and interest; and transfer payments such as Social Security and unemployment compensation.

Core PCE prices are expected up 0.3 percent for an annual 3.2 percent, still way above the Fed’s target of 2 percent. More rate hikes are coming.

8:30 AM Corporate Profits

Corporate profits are derived from the national income and product accounts and are expressed in several measures.

8:30 AM Retail Inventories (Advance)

Retail inventories measure the monthly dollar value of inventories held by retailers.

8:30 AM Wholesale Inventories (Advance)

Wholesale inventories measure the monthly dollar value of inventories held by merchant wholesalers and are tracked to gauge inventory change in quarterly GDP.

The consensus looks for an increase of 0.3 percent on the month.

9:45 AM Chicago PMI

The Institute For Supply Management - Chicago compiles a survey and a composite diffusion index of business conditions in the Chicago area.

The consensus sees the PMI back in expansion at 51.0 after dipping to 47.1 in August.

10:30 AM EIA Petroleum Status Report

The Energy Information Administration provides weekly information on petroleum inventories in the U.S., whether produced here or abroad.

11:00 AM Survey of Business Uncertainty

The survey of business uncertainty is a panel survey measuring year-ahead expectations that US firms have about their own sales and employment growth.

1:30 PM Thomas Barkin Speaks

Gives a welcome and opening remarks before the "2026 Investing in Rural America Conference: The Strength of Rural Places" hosted by the Federal Reserve Bank of Richmond in partnership with the Federal Reserve System and Rural LISC, or Local Initiatives Support Corporation.

3:25 PM Lisa Cook Speaks

Speaks on "Rural Economy" before the "2026 Investing in Rural America Conference: The Strength of Rural Places" hosted by the Federal Reserve Bank of Richmond in partnership with the Federal Reserve System and Rural LISC.

5:10 PM Austan Goolsbee Speaks

Gives remarks before the "Why Consumers and Economists See Different Economies" event, a collaboration between the Chicago Fed and the research organization NORC at the University of Chicago.

6:00 PM Neel Kashkari Speaks

Participates in fireside chat before the Council on Foreign Relations C. Peter McColough Series on International Economics event.