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Economic agenda: Thursday, Oct. 7, 2010

Throughout the day -- The International Monetary Fund and World Bank hold their annual fall meetings, with morning briefings expected from the heads of both institutions.

At 8:30 a.m. -- The Labor Department releases data on weekly claims for unemployment benefits. Economists surveyed by Bloomberg are expecting claims to hold roughly steady at 445,000.

At 10 a.m. --- The Labor Department releases results of its monthly survey on labor market turnover.

At 10:30 a.m. -- Major retailers release sales results for September. Economists are expecting an increase of 2.9 percent.

At 3 p.m. -- The Federal Reserve releases data on consumer borrowing for August. Economists expect that consumer credit use will have declined $3.5 billion during that month.

After the close of financial markets -- Alcoa is scheduled to release quarterly results, kicking off corporate earnings season for the third quarter.

By Ariana Eunjung Cha  | October 7, 2010; 6:24 AM ET
Categories:  *Economic agenda  
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