Free Trial

Consumer credit, Dave & Buster’s earns, producer price index

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

JUST CHARGE IT

The Federal Reserve issues its latest monthly tally of U.S. consumer borrowing Wednesday.

Americans, bolstered by a reopening economy and rising job levels, have been increasingly ramping up their use of credit since February. Consumer borrowing, excluding mortgages and other loans secured by real estate, rose by $37.7 billion in June, the biggest monthly increase in more than a decade.

Consumer credit, monthly change, seasonally adjusted, billions of dollars:

Jan. -1.8

Feb. 20.2

March 20.8

April 19.0

May 36.7

June 37.7

Source: FactSet

GAME ON

Wall Street expects another solid quarterly snapshot from Dave & Buster’s Entertainment.

Analysts predict the restaurant and arcade chain will report Thursday that it returned to a profit in its fiscal second quarter, aided by a sharp increase in revenue. That would echo the company’s results in its February-April quarter, when it snapped four straight quarterly losses. The company benefited from increased business after pandemic-related restrictions eased earlier this year.

EYE ON INFLATION

The Labor Department delivers its August index of U.S. wholesale prices Friday.

Economists expect the producer price index, which measures price pressures before they reach consumers, rose 0.5% last month. That would follow increases of 1% in July and June. In July, prices at the wholesale level were up a record 7.8% from a year earlier, the largest increase in that span of time in a series going back to 2010.

Producer price index, monthly percent change, seasonally adjusted:

March 0.8

April 0.7

May 0.8

June 1.0

July 1.0

Aug. (est.) 0.5

Source: FactSet

Where Should You Invest $1,000 Right Now?

Before you make your next trade, you'll want to hear this.

MarketBeat keeps track of Wall Street's top-rated and best performing research analysts and the stocks they recommend to their clients on a daily basis.

Our team has identified the five stocks that top analysts are quietly whispering to their clients to buy now before the broader market catches on... and none of the big name stocks were on the list.

They believe these five stocks are the five best companies for investors to buy now...

See The Five Stocks Here

A Beginner's Guide to Investing in Cannabis Cover

Unlock your free copy of MarketBeat's comprehensive guide to pot stock investing and discover which cannabis companies are poised for growth. Plus, you'll get exclusive access to our daily newsletter with expert stock recommendations from Wall Street's top analysts.

Get This Free Report
Like this article? Share it with a colleague.

Featured Articles and Offers

Recent Videos

Don’t Miss These Top 3 Defense Stocks Set To Gain
Triple-Digit Gains: These 4 Nuclear Stocks Have Even More Upside Ahead
3 Made in America Stocks Under $20 You Need to See!

Stock Lists

All Stock Lists

Investing Tools

Calendars and Tools

Search Headlines