U.S. Economic Calendar: what is coming, and what it usually does
Most economic calendars tell you the date and stop there. This one adds the column that is actually useful: how much that release has typically moved the market it matters most for.
Upcoming releases
August 2026
| Date | Release | Time | Typically moves |
|---|---|---|---|
| Wed, Aug 12, 2026 | CPIConsumer inflation, 12-month change. The market-moving inflation print. | 8:30 a.m. ET | ×1.01 (10Y) |
| Thu, Aug 13, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Thu, Aug 13, 2026 | PPIWholesale inflation, one step up the supply chain from CPI. | 8:30 a.m. ET | ×1.08 (2Y) |
| Fri, Aug 14, 2026 | Retail salesThe main read on the U.S. consumer. | 8:30 a.m. ET | ×0.82 (10Y) |
| Thu, Aug 20, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Wed, Aug 26, 2026 | GDPQuarterly output, second estimate — a revision of a quarter already reported. Rarely news. | 8:30 a.m. ET | — |
| Wed, Aug 26, 2026 | PCEThe Fed's preferred inflation gauge — but it lands after CPI has told the story. | 8:30 a.m. ET | ×0.67 (USD) |
| Thu, Aug 27, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
September 2026
| Date | Release | Time | Typically moves |
|---|---|---|---|
| Thu, Sep 3, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Fri, Sep 4, 2026 | Jobs reportThe monthly jobs report. The largest scheduled mover of Treasury yields. | 8:30 a.m. ET | ×1.17 (10Y) |
| Thu, Sep 10, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Thu, Sep 10, 2026 | PPIWholesale inflation, one step up the supply chain from CPI. | 8:30 a.m. ET | ×1.08 (2Y) |
| Fri, Sep 11, 2026 | CPIConsumer inflation, 12-month change. The market-moving inflation print. | 8:30 a.m. ET | ×1.01 (10Y) |
| Wed, Sep 16, 2026 | FOMCThe Federal Reserve's interest-rate decision, at 2:00 p.m. ET. | 2:00 p.m. ET | ×1.45 (10Y) |
| Wed, Sep 16, 2026 | Retail salesThe main read on the U.S. consumer. | 8:30 a.m. ET | ×0.82 (10Y) |
| Thu, Sep 17, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Thu, Sep 24, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Wed, Sep 30, 2026 | GDPQuarterly output, third estimate — the final revision of a quarter reported two months ago. Rarely news. | 8:30 a.m. ET | — |
| Wed, Sep 30, 2026 | PCEThe Fed's preferred inflation gauge — but it lands after CPI has told the story. | 8:30 a.m. ET | ×0.67 (USD) |
October 2026
| Date | Release | Time | Typically moves |
|---|---|---|---|
| Thu, Oct 1, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Fri, Oct 2, 2026 | Jobs reportThe monthly jobs report. The largest scheduled mover of Treasury yields. | 8:30 a.m. ET | ×1.17 (10Y) |
| Thu, Oct 8, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Wed, Oct 14, 2026 | CPIConsumer inflation, 12-month change. The market-moving inflation print. | 8:30 a.m. ET | ×1.01 (10Y) |
| Thu, Oct 15, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Thu, Oct 15, 2026 | PPIWholesale inflation, one step up the supply chain from CPI. | 8:30 a.m. ET | ×1.08 (2Y) |
| Thu, Oct 15, 2026 | Retail salesThe main read on the U.S. consumer. | 8:30 a.m. ET | ×0.82 (10Y) |
| Thu, Oct 22, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Wed, Oct 28, 2026 | FOMCThe Federal Reserve's interest-rate decision, at 2:00 p.m. ET. | 2:00 p.m. ET | ×1.45 (10Y) |
| Thu, Oct 29, 2026 | GDPQuarterly output, advance estimate — the first read on the quarter that just ended, and the one markets react to. | 8:30 a.m. ET | ×1.12 (10Y) |
| Thu, Oct 29, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Thu, Oct 29, 2026 | PCEThe Fed's preferred inflation gauge — but it lands after CPI has told the story. | 8:30 a.m. ET | ×0.67 (USD) |
November 2026
| Date | Release | Time | Typically moves |
|---|---|---|---|
| Thu, Nov 5, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Fri, Nov 6, 2026 | Jobs reportThe monthly jobs report. The largest scheduled mover of Treasury yields. | 8:30 a.m. ET | ×1.17 (10Y) |
| Tue, Nov 10, 2026 | CPIConsumer inflation, 12-month change. The market-moving inflation print. | 8:30 a.m. ET | ×1.01 (10Y) |
| Thu, Nov 12, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Fri, Nov 13, 2026 | PPIWholesale inflation, one step up the supply chain from CPI. | 8:30 a.m. ET | ×1.08 (2Y) |
| Tue, Nov 17, 2026 | Retail salesThe main read on the U.S. consumer. | 8:30 a.m. ET | ×0.82 (10Y) |
| Thu, Nov 19, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Wed, Nov 25, 2026 | GDPQuarterly output, second estimate — a revision of a quarter already reported. Rarely news. | 8:30 a.m. ET | — |
| Wed, Nov 25, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Wed, Nov 25, 2026 | PCEThe Fed's preferred inflation gauge — but it lands after CPI has told the story. | 8:30 a.m. ET | ×0.67 (USD) |
December 2026
| Date | Release | Time | Typically moves |
|---|---|---|---|
| Thu, Dec 3, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Fri, Dec 4, 2026 | Jobs reportThe monthly jobs report. The largest scheduled mover of Treasury yields. | 8:30 a.m. ET | ×1.17 (10Y) |
| Wed, Dec 9, 2026 | FOMCThe Federal Reserve's interest-rate decision, at 2:00 p.m. ET. | 2:00 p.m. ET | ×1.45 (10Y) |
| Thu, Dec 10, 2026 | CPIConsumer inflation, 12-month change. The market-moving inflation print. | 8:30 a.m. ET | ×1.01 (10Y) |
| Thu, Dec 10, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Tue, Dec 15, 2026 | PPIWholesale inflation, one step up the supply chain from CPI. | 8:30 a.m. ET | ×1.08 (2Y) |
| Wed, Dec 16, 2026 | Retail salesThe main read on the U.S. consumer. | 8:30 a.m. ET | ×0.82 (10Y) |
| Thu, Dec 17, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Wed, Dec 23, 2026 | GDPQuarterly output, third estimate — the final revision of a quarter reported two months ago. Rarely news. | 8:30 a.m. ET | — |
| Wed, Dec 23, 2026 | PCEThe Fed's preferred inflation gauge — but it lands after CPI has told the story. | 8:30 a.m. ET | ×0.67 (USD) |
| Thu, Dec 24, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
| Thu, Dec 31, 2026 | Jobless claimsWeekly unemployment filings. Timely, but too small to move much. | 8:30 a.m. ET | ×1.15 (10Y) |
January 2027
| Date | Release | Time | Typically moves |
|---|---|---|---|
| Wed, Jan 27, 2027 | FOMCThe Federal Reserve's interest-rate decision, at 2:00 p.m. ET. | 2:00 p.m. ET | ×1.45 (10Y) |
Upcoming dates come from the issuing agencies via FRED (and, for the FOMC, the Federal Reserve's own calendar). 'Typically' is the median of the last 24 observed releases — a description of the past, not a forecast. GDP revisions (second and third estimates) carry no typical figure, because the published GDP study measures advance estimates only. Updated 2026-08-08.
How to read the last column
"Typically moves" is the median of the last 24 observed releases of that kind, expressed against a normal trading day for the same year. So "×1.2" means that in a typical instance, the market moved about 20% more than it would on an ordinary day.
Two things it is not:
- It is not a forecast. It describes what has happened, not what will. The next jobs report may be the quietest of the decade.
- It is not a direction. No release-and-market combination we test predicts which way the move goes once we correct for having tested many of them. A large typical move means "expect movement", never "expect movement upward."
Why this number is smaller than the one in the guides
Click through to any release write-up and you will see a larger multiple than the one in the table above. The Explorer sits somewhere between the two. Same underlying data, summarised three ways:
| Where | What it measures | Runs |
|---|---|---|
| This calendar | Median of the last 24 releases, each against a normal day in its own year | lowest |
| Explorer | Mean across every release since 2000, each against a normal day in its own year | middle |
| The per-release guides | Mean across 2023–2025, against one fixed baseline for that whole window | highest |
The ordering is not an accident. Release-day moves are lopsided: a handful of big prints pull the average well above the typical one, so a median will always read lower than a mean on this data. That is exactly why the calendar uses the median — you are looking at a date in the future, and "what does one of these usually look like?" is a question about the typical case. The guides use the mean because they are asking a different question — whether the release moves markets at all — and that one is about the whole distribution, big days included.
So a release can show ×1.0 here and still be genuinely significant in its write-up. Neither number is the "real" one; they answer different questions.
What each release actually does
The typical figure is a summary. The detail — the sample, the baseline, the significance test, and what does and does not survive correction — is in the per-release write-ups:
- Jobs report (NFP) — the largest scheduled mover of Treasury yields, and the only release whose effect survives correction across our whole grid.
- CPI — significant on its own, though not once corrected across the grid.
- Fed rate decision (FOMC) — a big day for bonds, with no reliable direction.
- PPI — felt at the front of the curve.
- Retail sales · GDP · Jobless claims — second-tier for bonds, and we say so.
- PCE — the Fed's preferred inflation gauge, and a quieter day than average for the dollar.
Once a release has happened, its measured reaction appears in the release log and in the full database.
Where these dates come from
- CPI, PPI, jobs report, PCE, retail sales, GDP and jobless claims — the issuing agencies' own published schedules (BLS, BEA, Census, DOL), retrieved through FRED. Dates beyond the next few months are not published yet, so the calendar extends as far as the agencies have announced.
- FOMC — the Federal Reserve publishes its meeting calendar separately, so those dates are entered by hand from the Fed's calendar. The date shown is the second day of each two-day meeting, when the decision is announced.
- Agencies do change dates. Before relying on a specific one, confirm against the source. The 2025 federal shutdown delayed several releases, and our historical data reflects the dates they actually came out rather than the dates originally scheduled.
Download the 2026 CPI dates (.ics) for your calendar app, or see the CPI-only schedule with the measured reaction on every individual date.
Historical statistics for informational purposes only, not financial advice.