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Economic agenda: Friday, Aug. 27, 2010

At 8:30 a.m. - The Commerce Department releases its second estimate of economic growth in the second quarter. Economists are expecting the U.S. gross domestic product to have expanded at an annual rate of 1.4 percent, down from a previous estimate of 2.4 percent.

At 8:30 a.m. - The Commerce Department also releases data on corporate profits during the second quarter.

At 9:55 a.m. - The University of Michigan releases its index of consumer confidence. Economists are expecing the index to remain unchanged at 69.6.

At 10 a.m. - Federal Reserve Chairman Ben S. Bernanke gives a closely watched address on economic policy during a monetary policy conference in Jackson Hole, Wyoming.

By Mike Shepard  |  August 27, 2010; 7:42 AM ET
Categories:  *Economic agenda  
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Next: Morning briefing: U.K. GDP revised upwards

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