This Week: Services report, Domino’s earnings, jobless aid

This Week: Services report, Domino’s earnings, jobless aid

The Institute for Supply Management releases its September index on the service sector on Monday

A look at some of the key business events and economic indicators upcoming this week:

SERVICES SNAPSHOT

The Institute for Supply Management releases its September index on the service sector Monday.

Growth in the U.S. services sector, where most Americans work, slowed in August after bouncing back in June and July. The Institute for Supply Management index of services activity fell in August to a reading of 56.9. Any reading above 50 indicates growth.

April 41.8

May 45.4

June 57.1

July 58.1

Aug. 56.9

Sept. (est.) 56.2

Source: FactSet

HOT DOMINO’S

Domino’s releases its third quarter earnings on Thursday.

TRACKING UNEMPLOYMENT

The Labor Department releases weekly unemployment claims data on Thursday.

The number of people applying for jobless aid remains historically high. Last week, the government said 837,000 Americans put in for unemployment benefits. It was the 28th straight week above 700,000, a level never seen before the pandemic struck the economy in March.

Aug. 28: 884,000

Sept. 4: 893,000

Sept. 11: 866,000

Sept. 18: 873,000

Sept. 25: 837,000

Oct. 1 (est.) 825,000

Source: FactSet

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