10:00a Quarterly Services Report
Information Revenue - Q/Q change 1.6% actual vs 1.8% prior
Information Revenue - Y/Y change 5.8% actual vs 6.0% prior
Definition
The Census Bureau quarterly services survey focuses on information and technology-related service industries. These include information; professional, scientific and technical services; administrative & support services; and waste management and remediation services. These sectors correspond to three NAICS sectors (51, 54, and 56). The Quarterly Services Survey produces estimates of total operating revenue and the percentage of revenue by class of customer.
10:00a Atlanta Fed's Business Inflation Expectations
Bus Infl Exp % Yr/Yr 1.9% actual vs 2.0% prior
Definition
The Atlanta Fed's Business Inflation Expectations survey provides a monthly measure of year-ahead inflation expectations and inflation uncertainty from the perspective of firms. The survey also provides a monthly gauge of firms' current sales, profit margins, and unit cost changes.
10:30a EIA Petroleum Inventories
Crude oil inventories [weekly change] 0.8M barrels actual vs -4.9M barrels prior
Gasoline [weekly change] 5.4M barrels actual vs 3.4M barrels prior
Distillates [weekly change] 4.1M barrels actual vs 3.1M barrels prior
Definition
The Energy Information Administration (EIA) provides weekly information on petroleum inventories in the U.S., whether produced here or abroad. The level of inventories helps determine prices for petroleum products.
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