On Monday, Mark Carney, Governor of the Bank of Canada, addresses the Greater Victoria Chamber of Commerce.

On Wednesday, Statistics Canada reports on the gross domestic product for July. Economists forecast growth of 0.4%, up from 0.1% growth in June.

Separately, StatsCan releases industrial product and raw material price indexes for August. Economists expect a monthly gain of 0.4% for industrial product prices; raw materials prices are expected to have gained 3%.

Also, StatsCan releases payroll employment, earnings and hours for July.

South of the border

On Tuesday, the U.S. Conference Board releases its consumer confidence survey for September. Economists expect a reading of 57, up from 54.1 in August.

As well, the Case-Shiller housing price index for July is released.

On Wednesday, the U.S. Department of Commerce releases final annualized GDP data for the second quarter. Economists forecast a contraction of 1.2% over the previous quarter.

The Chicago purchasing managers’ index for September is released. Economists expect a reading of 52, up from 50 in August.

On Thursday, the U.S. Commerce Dept. releases personal spending and income data for August. An increase in personal income of 0.1% is forecast, compared with no gain in July. Personal spending is expected to have gained 1.1%, compared with a 0.2-per-cent rise in July.

Meanwhile, the U.S. Department of Labour reports on initial jobless claims for the week ended Sept. 26. Economists forecast 535,000 claims, up from 530,000 in the previous week.

The U.S. Institute for Supply Management releases its manufacturing index for September. A reading of 54.0 is expected, up from 52.9% in August.
The U.S. National Association of Realtors reports on pending home sales for August. Economists expect a month-over-month gain of 1.0% compared with July’s gain of 3.2%.

On Friday, the U.S. Labour Dept. releases its September employment report. Economists expect a monthly decline of 180,000 in non-farm payrolls. An unemployment rate of 9.8% is forecast, up from 9.7% in August.

The U.S. Commerce Dept. reports on factory orders for August. An increase in orders of 1.0% is expected, compared with a gain of 1.3% in the prior month.

Corporate earnings

On Thursday, Richelieu Hardware Ltd. reports third-quarter results.

Constellation Brands Inc. reports second-quarter results.

IE