6:00a NFIB Small Business Optimism Index
level 104.7 actual vs 102.4 prior
Definition
The small business optimism index is compiled from a survey that is conducted each month by the National Federation of Independent Business (NFIB) of its members. The index is a composite of 10 seasonally adjusted components based on the following questions: plans to increase employment, plans to make capital outlays, plans to increase inventories, expect economy to improve, expect real sales higher, current inventory, current job openings, expected credit conditions, now a good time to expand, and earnings trend.
8:30a Productivity and Costs
Nonfarm productivity - Q/Q change - SAAR -0.2% actual vs -0.3% prior
Unit labor costs - Q/Q change - SAAR 2.5% actual vs 3.6% prior
Definition
Productivity measures the growth of labor efficiency in producing the economy's goods and services. Unit labor costs reflect the labor costs of producing each unit of output. Both are followed as indicators of future inflationary trends.
8:55a Redbook Chain Store Sales
Store Sales Y/Y change 5.0% actual vs 7.9% prior
Definition
A weekly measure of comparable store sales at chain stores, discounters, and department stores. Redbook tracks week-to-week change, month-to-date change, and year-on-year change with the latter the most closely watched reading. The report, produced by Redbook Research, offers early indications on ex-auto ex-gas retail sales.
Dan 
