Next Week's News Today: Campaign Trail Charts Course Through Home Sales and Unemployment Reports

We're a day late with our installment of Next Week's News Today due to the holiday this week. However, Why You Care would like to note that last week's forecast for this week was on target, especially given the sour job news today. So what's up next week? Well...

Here's why you care about next week: Both campaigns will be focusing on Pennsylvania, Michigan, Ohio, and Pennsylvania, and Pennsylvania... Did we mention Pennsylvania? That will be in the context of news on pending home sales (Tuesday as noted below, followed by a homebuilder's earnings due on Thursday) and more unemployment claims (Thursday as noted below). Where Sen. John McCain certainly touched on the economy in his acceptance speech last night, he did not roll up the sleeves and get into the specifics as we thought he would. However, PA, OH, and MI are all states where housing prices and jobs are paramount on the campaign trail. The economic news will likely create some frank questions from voters and journalists. We're hoping more specifics emerge, until then we can at least help you anticipate the headlines for next week.


MONDAY 9/8
Earnings: Pep Boys

Economic Reports: Consumer Credit


TUESDAY 9/9
Earnings: Piedmont Natural Gas Inc.

Economic Reports: Pending Home Sales; Wholesale Inventories


WEDNESDAY 9/10
Earnings: U.S. Global Investors

Economic Reports: Crude Inventories


THURSDAY 9/11
Earnings: Campbell Soup; Orleans Homebuilders Inc.

Economic Reports: Export/Import Prices; Initial Unemployment Claims;


FRIDAY 9/12
TBD as of now.