Consumer confidence, Campbell Soup earns, jobs report

Aug 28, 2022, 9:10 PM | Updated: 9:20 pm

A look at some of the key business events and economic indicators upcoming this week:


The Conference Board delivers its latest index of U.S. consumer confidence Tuesday.

Economists expect the reading edged up in August to 96.9. A reading of 90 or better reflects a healthy economy. The index measures consumers’ assessment of current conditions and their outlook for the future, and has mostly fallen this year as consumers grapple with the highest inflation in decades and rising interest rates.

Consumer confidence, by month:

March 107.6

April 108.6

May 103.2

June 98.4

July 95.7

Aug. (est.) 96.9

Source: FactSet


Wall Street expects an improved showing from Campbell Soup’s latest quarterly report card.

Analysts predict Camden, New Jersey’s Campbell will report higher earnings and revenue for the May-July quarter than a year ago. That would echo its results in the previous quarter. The maker of canned soup, Pepperidge Farm cookies and V8 juice raised its revenue forecast for the year in June, citing strong demand and improving profit margins thanks to higher prices. Campbell Soup serves up its fiscal fourth-quarter results Thursday.


The Labor Department releases its monthly snapshot of hiring by nonfarm employers Friday.

Economists predict employers added 290,000 jobs in August — the smallest gain since April 2021. In July, employers added a robust 528,000 jobs, which helped lower the national unemployment rate to 3.5%, matching a more than 50-year low.

Nonfarm payrolls, monthly change, seasonally adjusted:

March 398,000

April 368,000

May 386,000

June 398,000

July 528,000

Aug. (est.) 290,000

Source: FactSet

Copyright © The Associated Press. All rights reserved. This material may not be published, broadcast, rewritten or redistributed.


Republican presidential candidates, from left, former Arkansas Gov. Asa Hutchinson, former New Jers...

Associated Press

3rd Republican presidential debate is set for Nov. 8 in Miami, with the strictest qualifications yet

The third Republican presidential debate will be held in Miami on Nov. 8, a day after several states hold off-year elections.

17 hours ago

During the equinox, the Earth’s axis and its orbit line up so that both hemispheres get an equal ...

Associated Press

The fall equinox is here. What does that mean?

The equinox arrives on Saturday, marking the start of the fall season for the Northern Hemisphere. But what does that actually mean?

18 hours ago

Ray Epps Ray Epps, an Arizona man who became the center of a conspiracy theory about Jan. 6, 2021, ...

Associated Press

Ray Epps, an Arizona man who supported Trump, pleads guilty to Capital riot charge

Ray Epps, the target of a conspiracy theory about the Jan. 6, 2021, attack, pleaded guilty on Wednesday to a misdemeanor charge.

3 days ago

Former President Donald Trump repeatedly declined in an interview aired Sunday, Sept. 17, 2023, to ...

Associated Press

Trump refuses to say in a TV interview how he watched the Jan. 6 attack unfold at the US Capitol

Former President Donald Trump repeatedly declined in an interview aired Sunday to answer questions about whether he watched the Capitol riot.

6 days ago

This frame grab from video, provided by the Mexican government, shows Ovidio Guzman Lopez being det...

Associated Press

Mexico extradites son of ‘El Chapo,’ Ovidio Guzman Lopez to US

The son of notorious cartel leader Joaquin “El Chapo” Guzmán, Ovidio Guzman Lopez was extradited to the U.S. on Friday.

7 days ago

impeachments in US history...

Associated Press

A look at notable impeachments in US history, including Texas Attorney General Ken Paxton

Texas Attorney General Ken Paxton was acquitted Saturday on during his impeachment trial. Here's a roundup of impeachments in U.S. history.

7 days ago

Sponsored Articles



Importance of AC maintenance after Arizona’s excruciating heat wave

An air conditioning unit in Phoenix is vital to living a comfortable life inside, away from triple-digit heat.



When most diets fail, re:vitalize makes a difference that shows

Staying healthy and losing weight are things many people in Arizona are conscious of, especially during the summer.



At Ability360, every day is Independence Day

With 100 different programs and services, more than 1,500 non-medically based home care staff, a world-renowned Sports & Fitness Center and over 15,000 people with disabilities served annually, across all ages and demographics, Ability360 is a nationwide leader in the disability community.

Consumer confidence, Campbell Soup earns, jobs report