Coca-Cola this summer will give people a chance to win more than 150,000 prizes by using their smartphone cameras to scan a “Sip & Scan” icon on cans and bottles of Coke, Coke Zero Sugar or Coke Flavors. Read more….
The Washington Post’s digital publishing platform, Arc Publishing, is creating another source of revenue for the media company outside of its newspaper operations. The software-as-a-service platform may grow into a $100 million business that would bolster the company’s bottom line. Read more….
TIME (ET) | REPORT | PERIOD | ACTUAL | FORECAST | PREVIOUS |
---|---|---|---|---|---|
MONDAY, APRIL 29 | |||||
8:30 am | Personal income | March | 0.4% | 0.2% | |
8:30 am | Consumer spending | March | 0.8% | 0.1% (Jan.) | |
8:30 am | Core inflation | March | 0.1% | 0.1% (Jan.) | |
TUESDAY, APRIL 30 | |||||
8:30 am | Employment cost index | Q1 | 0.7% | 0.7% | |
9 am | Case-Shiller house price index | Feb. | — | 4.3% | |
9:45 am | Chicago PMI | April | — | 58.7 | |
10 am | Consumer confidence index | April | 126.6 | 124.1 | |
10 am | Pending home sales index | March | — | -1.0% | |
WEDNESDAY,MAY 1 | |||||
8:15 am | ADP employment | April | — | 120,000 | |
9:45 am | Markit manufacturing PMI | April | — | 52.4 | |
10 am | ISM manufacturing index | April | 54.8% | 55.3% | |
10 am | Construction spending | March | -0.2% | 1.0% | |
2 pm | FOMC statement | 2.25-2.5% | 2.25-2.5% | ||
2:30 pm | Jerome Powell press conference | ||||
Varies | Motor vehicle sales | April | 16.9mln | 17.5mln | |
THURSDAY, MAY 2 | |||||
8:30 am | Weekly jobless claims | 4/27 | 218,000 | 230,000 | |
8:30 am | Productivity | Q1 | 2.8% | 1.9% | |
8:30 am | Unit labor costs | Q1 | 0.7% | 2.0% | |
10 am | Factory orders | March | 1.6% | -0.5% | |
FRIDAY, MAY 3 | |||||
8:30 am | Nonfarm payrolls | April | 190,000 | 196,000 | |
8:30 am | Unemployment rate | April | 3.8% | 3.8% | |
8:30 am | Average hourly earnings | April | 0.2% | 0.1% | |
8:30 am | Advance trade in goods (new date) | March | $73.0bln | N/A | |
9:45 am | Markit services PMI | April | — | 52.9 | |
10 am | ISM nonmanufacturing index | April | 57.5% | 56.1% |
Starbucks boosted its loyalty program membership by 13% to 16.8 million people during its latest quarter. Read more….
Amazon reported revenue for its “other” category that mostly comes from ad sales rose 34% to $2.72 billion during the period, compared with a 96% yearly jump in the prior quarter. Read more…
Nearly 80% of viewers said they want more episodes that show how influencers create videos. Read more….
Economic Reports
4/22 Chicago Fed Nat’l Activ. (-0.29 prior)
4/22 Existing home sales (5.51 mil.)
4/23 New home sales (667,000)
4/25 Jobless claims
4/25 Durable goods orders (-1.6%)
4/25 Core capex orders (-0.1%)
4/25 Q1 GDP (forecast 1.5%, prior 2.2%)
4/25 Consumer sentiment (96.9)
Earnings (Date, Company, Consensus Estimate)
4/22 Whirlpool $2.87
4/22 Wynn $1.59
4/23 Coca-Cola $0.46
4/23 Goodyear $0.06
4/23 JetBlue $0.12
4/23 Lockheed Martin $4.34
4/23 Procter & Gamble $1.03
4/23 Nucor $1.50
4/23 Snap -$0.12
4/23 Twitter $0.15
4/23 Verizon $1.17
4/24 American Airlines $0.51
4/24 AT&T $0.86
4/24 Boeing $3.33
4/24 Chipotle $0.05
4/24 Dunkin’ Brands $0.62
4/24 Domino’s $2.09
4/24 Facebook $1.63
4/24 Microsoft $1.00
4/24 Packaging Corp of America $1.96
4/24 PayPal $0.68
4/24 Tesla -$.069
4/24 Visa $1.24
4/25 3M $2.57
4/25 Amazon.com $4.72
4/25 Caterpillar $2.86
4/25 Southwest Airlines $0.61
4/25 Bristol-Myers Squibb $1.09
4/25 Intel $0.87
4/25 Ford $0.26
4/25 McClatchy -$1.98
4/25 Tractor Supply $0.55
4/26 ADM $0.61
4/26 Chevron $1.36
4/26 Exxon Mobil $0.74
4/26 Weyerhaeuser $0.10
4/26 Colgate-Palmolive $0.66
4/26 Interpublic $0.04
The majority of social media users looking for product information prefer posts from other consumers, with 51% of survey respondents saying they trust user images because they’re more authentic and trustworthy than brand-owned creative. Read more….
Further Reading:
Consumer Trust: Usage and attitudes about user-generated visual content
OECD (2019), Under Pressure: The Squeezed Middle Class, OECD Publishing, Paris,https://doi.org/10.1787/689afed1-en.
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