Upcoming Economic Releases and Events: Dec 1 - 5, 2025
Release Date	Time**		Economic Indicator/Event	Data for Period	Units	Consensus Forecast	Last Period
United States
Dec 01	9:45		S&P Global US Manufacturing PMI	Nov	Index	-	51.9
Dec 01	10:00		ISM Manufacturing	Nov	Index	49.0	48.7
Dec 01	10:00		Construction Spending	Sep	M/M % Chg.	-	0.2
Dec 01	20:00		Fed's Powell Speaks at Memorial Event
Dec 02	10:00		Fed's Bowman Testifies Before House Committee
Dec 02	0:00		Wards Total Vehicle Sales	Nov	Mlns	15.4	15.3
Dec 03	8:15		ADP Employment Change	Nov	Thsd	20.0	42.0
Dec 03	9:15		Capacity Utilization	Sep	%	77.3	77.4
Dec 03	9:15		Manufacturing (SIC) Production	Sep	M/M % Chg.	0.1	0.2
Dec 03	9:15		Industrial Production	Sep	M/M % Chg.	0.1	0.1
Dec 03	9:45		S&P Global US Services PMI	Nov	Index	-	55.0
Dec 03	9:45		S&P Global US Composite PMI	Nov	Index	-	54.8
Dec 03	10:00		ISM Services Index	Nov	Index	52.0	52.4
Dec 04	8:30		Initial Jobless Claims	Nov 29	Thsd	-	216.0
Dec 04	8:30		Trade Balance*	Sep	Blns	-	-59.6
Dec 04	12:00		Fed's Bowman Speaks on Bank Supervision and Regulation
Dec 05	10:00		Personal Income	Sep	M/M % Chg.	0.3	-
Dec 05	10:00		Real Personal Spending	Sep	M/M % Chg.	0.1	-
Dec 05	10:00		Factory Orders*	Sep	M/M % Chg.	-	1.4
Dec 05	10:00		Factory Orders Ex Trans*	Sep	M/M % Chg.	-	0.1
Canada
Dec 01	9:30		S&P Global Canada Manufacturing PMI	Nov	Index	-	49.6
Dec 03	8:30		Labour Productivity QoQ	3Q	Q/Q % Chg.		-1.0
Dec 05	8:30		Net Change in Employment	Nov	Thsd	-13.5	66.6
Dec 05	8:30		Unemployment Rate	Nov	%	7.0	6.9
International
Dec 02	5:00	EZ	Unemployment Rate	Oct	%	6.3	6.3
Dec 02	5:00	EZ	Consumer Price Index Estimate	Nov	Y/Y % Chg.	2.1	2.1
Dec 04	5:00	EZ	Retail Sales	Oct	Y/Y % Chg.	1.4	1.0
Dec 04	7:00	BZ	Gross Domestic Product	3Q	Q/Q % Chg.	0.1	0.4
Dec 05	5:00	EZ	Gross Domestic Product SA	3Q	Y/Y % Chg.	1.4	1.4
Dec 05	5:00	EZ	Employment	3Q	Y/Y % Chg.	-	0.5
*May be delayed due to recently-ended Government shutdown. **Eastern Standard Time. Source: Bloomberg, TD Economics.