The Week Ahead: Fed minutes, Wal-Mart earnings, TEDxKC

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Monday

The National Association of Homebuilders will release its Housing Market Index for August, providing a glimpse of the general economy and housing market conditions. The index is expected to dip slightly for the month, Bloomberg reports, as traffic continues to be held down by light interest from first-time buyers.

Tuesday

The Missouri Development Finance Board will hold its monthly meeting. The board, which assists infrastructure and economic development projects in the state, is scheduled to receive updates from several state directors and hear a tax credit status report.

The Labor Department will report the Consumer Price Index for July. Consensus estimates call for no change in the index from June, Bloomberg reports. However, excluding food and energy, the core rate is expected to rise a solid 0.2 percent.

The Census Bureau and Department of Housing and Urban Development will report housing starts for July. The number is expected to see a big decline for July, Bloomberg reports, but that will be offset somewhat by a large increase in housing permits.

Companies set to report financial results include Dick’s Sporting Goods, Domino’s Pizza, Home Depot and Urban Outfitters.

Wednesday

The Federal Reserve Bank’s Federal Open Market Commission will release the minutes from its July meeting. Following strong jobs reports in June and July, the Fed delivered a statement after last month’s FOMC meeting that revived expectations of the central bank raising interest rates as soon as September.

James Bullard, president and CEO of the Federal Reserve Bank of St. Louis, will deliver a speech in St. Louis on the economy and monetary policy.

Companies set to report financial results include Briggs & Stratton, Cisco Systems, Staples and Target.

Thursday

Wal-Mart Stores Inc. will report earnings. It’s the first quarterly check-in for the world’s largest retailer since its announcement earlier this month that it would acquire online retailer Jet.com for $3.3 billion, and the call could provide additional insight into the strategy behind that acquisition.

Kansas City’s Athena League will host its monthly VOX event at the Sprint Accelerator. The August event is focused on how to work with the press and media.

Companies set to report financial results include Gap, Nestle and Wal Mart Stores.

Friday

The eighth annual TEDxKC will take place at the Kauffman Center for Performing Arts, with a series of presenters set to explore the theme “Question Everything.” The live event and simulcast are sold out, but as of Sunday morning tickets were still available for watch parties at various locations across the Kansas City area.

Companies set to report financial results include Este Lauder and Foot Locker.

Saturday

Missouri’s cup runneth over with options for fans of wine and beer festivals. Hermann, famous for its wineries, will host its second Wine and Jazz Festival. Lake Ozark, meanwhile, will hold its annual Midwest Wine and Brew Festival.


Tags:

Leave a Reply

Have you heard?

Missouri Business Alert is participating in CoMoGives2019!

Find out how we plan to use your gift to enhance training and programming for our students