The Week Ahead: G20 summit, governor’s economic development event, LouFest

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

Monday

Markets are closed for Labor Day.

The Group of Twenty summit concludes in Hangzhou, China. World leaders entered the two-day event seeking to spur growth, with economies slowing in many of the G20’s member countries. Trade deals, the global steel crisis, the Brexit and taxing of multinational companies like Apple were among the topics expected to be addressed as the summit began on Sunday, the BBC reports.

Tuesday

Gallup will release its monthly consumer spending measure. The number, which measures the average amount Americans report spending or charging on a daily basis, hit $100 in July, its highest level since July 2008.

Companies set to report financial results include Caseys General Stores and TiVo.

Wednesday

The Federal Reserve Bank releases its sixth Beige Book of the year. The report provides anecdotal information on current economic conditions by Federal Reserve district and business sector.

Esther George, president of the Federal Reserve Bank of Kansas City, is scheduled to testify as part of a House Financial Services Committee hearing entitled “Federal Reserve Districts: Governance, Monetary Policy, and Economic Performance.”

The Missouri Workforce Development Board will hold its quarterly meeting in Kansas City.

Digital Sandbox KC concludes its “Summer in the Sand” series with an event focused on regional funding for early-stage companies. Registration is required for the event, which runs from 2:30 to 4 and features representatives from a variety of organizations that provide early-stage funding, including the Missouri Technology Corporation, Mid-American Angels and Women’s Capital Connection.

UMKC’s Henry W. Bloch School of Management will host an installment of its MBA speaker series featuring a conversation between former H&R Block CEO Tom Bloch and his father, Henry, the company’s co-founder and honorary chairman.

Thursday

The Federal Reserve Bank will release its monthly consumer credit report. Consumer credit is expected to rise $15.6 billion for July following a relatively modest $12.3 billion gain for June, Bloomberg reports.

The first full day of programming gets underway at the Governor’s Conference on Economic Development. The 58th annual edition of the event, taking place in Kansas City, will focus on the theme “Making of the Missouri Masterpiece.” The conference opens with a reception Wednesday night and concludes Friday.

Peak Resorts, the Wildwood-based operator of ski resorts, is scheduled to report earnings and hold a conference call.

Other companies set to report financial results include Barnes & Noble.

Friday

The Missouri Cures Education Foundation will host its Women in Science and Entrepreneurship Columbia event. The free event features networking, a panel discussion and information on the Mizzou Venture Mentoring Service.

Saturday

LouFest returns to Forest Park in St. Louis for another year of music and revelry. Headliners of the two-day music festival include LCD Soundsystem, Band of Horses and Ms. Lauryn Hill.

The Ozarks Mini Maker Faire will take place in Springfield. The event is billed by organizers as a festival of “invention, creativity and resourcefulness” and a celebration of the Maker movement.


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