The Week Ahead: Jobs report, special ag hearing, college football kickoff

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

Sunday

Dozens of new state laws go into effect, including a measure that prohibits municipalities from encouraging employees to issue a certain number of traffic tickets.

Monday

The Bureau of Economic Analysis will report personal income and outlays for July. Forecasters are projecting personal income growth of 0.4 percent, an improvement over June, and consumer spending growth of 0.3 percent, a slight decrease from June, Bloomberg reports.

The Treasury Department will hold its weekly auction of treasury bills.

Tuesday

It’s the busiest day of the week for earnings from Missouri-based companies. H&R Block, the Kansas City-based tax services company, is scheduled to report earnings and hold a conference call for the first quarter of its 2017 fiscal year. Rumors surfaced earlier this month that the company may be seeking a buyer following a lackluster 2016 tax season.

Other Missouri-based companies scheduled to report earnings include Isle of Capri Casinos, the St. Louis-based casino operator, and Caleres, the St. Louis-based shoe company.

Wednesday

The Kansas City Council’s Planning, Zoning and Economic Development Committee is scheduled to meet. The committee expects to resume its discussion of incentives for development projects, which have become a contentious issue in the city.

The Missouri House Select Committee on Agriculture will hold a hearing in Portageville regarding herbicide drift issues in the southeast part of the state. Suspected drift from illegal use of the herbicide dicamba has led to a spike in reports of crop damage, which Rep. Don Rone, R-Portageville, has suggested could cost area farmers millions of dollars.

Companies set to report financial results include Box, Salesforce.com and Shoe Carnival.

Thursday

The Federal Reserve Bank of St. Louis will hold a career fair to showcase its approach to innovation and technology and to introduce prospective hires to employment opportunities. The bank recently announced that it’s looking to fill 200 jobs over the next two years as it expands its business services.

The Bradford Research Center at the University of Missouri will hold its 12th annual tomato festival. The event, which is free and open to the public, will showcase more than 200 types of tomatoes grown at the research center and feature presentations and tastings.

Companies set to report financial results include Campbell Soup and Lululemon Athletica.

Friday

The Labor Department will deliver its Employment Situation Summary for August. Nonfarm employment rose by 255,000 in July, marking the second straight month of strong employment numbers and fueling speculation about a September interest rate hike by the Federal Reserve Bank.

The Show ’em Comedy Festival makes its debut in Columbia. The two-day event, which continues Saturday, features a variety of acts and events at venues across the city.

Saturday

It’s the first college football Saturday of the season, and the University of Missouri opens its inaugural campaign under new head coach Barry Odom with a game at West Virginia.

Revelers will celebrate the long holiday weekend — and vendors hope strong sales will follow — at a variety of annual festivals across the state, from Irish Fest in Kansas City to Santi-Cali-Gon Days in Independence and the Big Muddy Blues Festival in St. Louis.


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