Economy

The Week Ahead: Amazon unBoxed, GDP, Shopify and CPG earnings

Here's a look at the ecommerce calendar for Oct. 24-28.

The Week Ahead: Amazon unBoxed, GDP, Shopify and CPG earnings

Welcome to a new week. Amazon always looms large in ecommerce, but it is especially present in this week's calendar. The company is holding an advertising-focused conference in New York, then plans to report earnings for the quarter that included Prime Day on Thursday.

Amazon joins a hefty list of tech and consumer goods companies reporting quarterly results to investors, while the US government will deliver key a host of economic data ahead of next week’s meeting of the Federal Reserve, including the latest numbers on GDP and inflation.

Through it all, many will be asking two key questions: What's the state of the American consumer heading into the holidays, and how is the economy holding up during a bout with 40-year-high inflation?

Here’s a look at the calendar:

​Events

Amazon Ads unBoxed 2022: At this three-day conference in New York, Amazon will announce new advertising solutions, talk innovation, present insights from industry leaders and hold educational sessions. Speakers include leaders from Amazon Ads, Publicis Media, Kantar, Wendy's and more. Oct. 25-27

​Economic Indicators

Consumer Confidence: The Conference Board releases its October data on consumer attitudes, spending plans, and expectations for issues such as inflation, and interest rates. The index showed improvement in September. Tues., Oct. 25, 10 a.m.

New Home Sales: The US Commerce Department releases data on September’s new home sales. This measure, which is watched closely by home & garden retailers, reached a five-month-high in August. Wed. Oct. 26, 10 a.m.

Retail Inventories: The US Commerce Department will release data on retailers’ stock at a time when many are working through a glut of goods that are mismatched to demand following supply chain issues. Wed., Oct. 26, 8:30 a.m.

Gross Domestic Product: The US Bureau of Economic Analysis will release the measure of overall US economic activity for the second quarter, including a look at sales and prices. The first quarter measure showed a contraction of 1.6%, raising recession fears. Thurs., Oct. 27, 8:30 a.m.

Durable Goods Orders: The US Commerce Department releases data on manufacturer orders for goods that have a shelf life of three years or more. Thurs., Oct. 27, 8:30 a.m.

Personal Income Expenditures: The US Bureau of Economic Analysis releases its monthly report on consumer spending, income and prices. This index contains the inflation measure preferred by the Federal Reserve. Fri., Oct. 28, 8:30 a.m.

Earnings

Tues., Oct. 25: 3M, Alphabet, Coca-Cola, Kimberly-Clark, Mattel, Visa, Skechers, UPS

Wed., Oct 26: Sleep Number, VF Corp., Meta

Thurs., Oct. 27: Amazon, Shopify, Apple, Columbia Sportswear, Twitter, Overstock, Pinterest, Mastercard, Keurig Dr. Pepper

Friday, Oct. 28: Newell Brands, Church & Dwight, Colgate-Palmolive, Sanofi

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Amazon under the tree. (Photo by Wicked Monday on Unsplash)

At Amazon, 2022 delivered the "biggest ever" Thanksgiving weekend to date.

ustomers purchased a record number of products from Thanksgiving through Cyber Monday, the company said in a news release Wednesday. Amazon did not disclose sales figures, while sharing that “hundreds of millions” of products were purchased.

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