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Data from FRED. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Avg Weekly Hours (Private) held to 34.3 Hours in June 2026
FREDMonthlyReleased July 2026
US Avg Weekly Hours (Private) held to 34.3 Hours in June 2026, released July 2026.
Latest Release
34.300000
Actual
—
Consensus
34.300000
Previous
Sigmacast Track Record
Sigmacast track record will appear here once this indicator has been released 3+ times since Sigmanomics began tracking.
Sigmacast Σ-direction model: consensus + ½ × mean(surprise, trailing 90d).
CORRELATED SYMBOLS— markets that historically move with this indicator
| Symbol | Direction | Correlation | Asset Class | Co-movement | Action |
|---|---|---|---|---|---|
| USD/JPY | ▲ Direct | +0.61 | FOREX | Moves with | → View |
| S&P 500 | ▲ Direct | +0.47 | INDEX | Moves with | → View |
| EUR/USD | ▼ Inverse | −0.37 | FOREX | Moves against | → View |
| XAU/USD | ▼ Inverse | −0.33 | COMMODITIES | Moves against | → View |
| GOOGL | ▲ Direct | +0.31 | STOCKS | Moves with | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Avg Weekly Hours (Private) (United States) was reported at 34.30 Hours in June 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 34.26 Hours, ranging from 34.20 Hours to 34.30 Hours across 11 releases. This is classified as a medium-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 34.30 Hours, up from the prior three at 34.27 Hours. Volatility over the past year (σ 0.05 Hours) is lower than the prior year (σ 0.06 Hours). In July readings over the past 3 years, Avg Weekly Hours (Private) has averaged 34.23 Hours.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with USD/JPY (Bullish USD). A secondary relationship exists with S&P 500, positively correlated (Bullish S&P 500).
WHAT TO WATCH NEXT
Same-country events in the next 14 days include Jackson Hole Symposium (Aug 28) and Chicago PMI (Aug 28).
Auto-generated from current model state · Refreshes on each release · Last update July 2026.
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Avg Weekly Hours (Private) - US
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About Avg Weekly Hours (Private) — United States
DEFINITION
US Avg Weekly Hours (Private) held steady at 34.300000 in July, unchanged from June's 34.300000. The consistent reading signals stable labor input in the private sector over the summer months. Market focus remains on upcoming employment reports for further insight into labor market dynamics. Updated 8/8/26
WHY THIS INDICATOR MATTERS
This release contributes to the broader macro picture used by cross-asset investors for positioning and risk management. Surprises against consensus can drive short-term moves, particularly when the print breaks an established trend. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Jul 2026): actual 34.3 Hours. Prior reading (Jun 2026): 34.3 Hours. Before that (May 2026): 34.3 Hours.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print. The 1-month and 3-month horizons disagree, suggesting a mixed signal. Trend-driven dynamics are the primary neutral force in the current projection. This indicator correlates most strongly with USD/JPY (Bullish USD, r=0.61) — a useful reference for forex-focused traders.
Σ
EXPECTED ZONE
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Economic Calendar - US Events
| Wednesday, August 26, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 12:30 | US | Non Defense Goods Orders Ex Air | 0.2 | 1.7 | 0.9 | 0.35 | Low |
| 12:30 | US | Durable Goods Orders MoM | 1.1 | 0.5 | 0.5 | 1.75 | High |
| 12:30 | US | Durable Goods Orders Ex Transp MoM | 0.4 | 1.1 | 0.6 | 0.70 | High |
| 12:30 | US | PCE Price Index MoM | 0.2 | -0.1 | 0.1 | 0.10 | Medium |
| 12:30 | US | Durable Goods Orders Ex Defense MoM | 1.3 | 0.3 | 0.1 | 1.88 | High |
| 12:30 | US | Corporate Profits QoQ | 8.2 | 0.5 | 0.7 | 1.05 | Medium |
| 12:30 | US | Core PCE Price Index YoY | 3.3 | 3.3 | 3.3 | 3.30 | High |
| 12:30 | US | Core PCE Price Index MoM | 0.2 | 0.1 | 0.2 | 0.18 | High |
| 12:30 | US | PCE Price Index YoY | 3.7 | 3.7 | 3.6 | 3.63 | Medium |
| 12:30 | US | Personal Income MoM | 0.4 | 0.2 | 0.2 | 0.15 | High |
| 12:30 | US | Personal Spending MoM | 0.2 | 0.4 | 0.2 | 0.18 | Low |
| 12:30 | US | Real Consumer Spending QoQ | 3.4 | 0.5 | 3.2 | 3.20 | Low |
| 12:30 | US | GDP Growth Rate QoQ | 1.5 | 2.1 | 1.5 | 1.40 | High |
| 12:30 | US | GDP Price Index QoQ | 6.4 | 3.6 | 6.3 | 6.08 | Medium |
| 12:30 | US | GDP Sales QoQ | 2.2 | 1.9 | 2.2 | 2.18 | Low |
| 12:30 | US | Gross Domestic Product QoQ | 1.5 | 2.1 | 1.5 | 1.40 | High |
| 12:30 | US | PCE Prices QoQ | 5.3 | 4.6 | 5.1 | 5.15 | Low |
| 12:30 | US | Core PCE Prices QoQ | 3.6 | 4.4 | 3.4 | 3.48 | Low |
| 14:10 | US | Atlanta Fed GDPNow | 4.6 | 4 | 4 | 4.03 | Medium |
| 14:30 | US | EIA Distillate Stocks Change | -2.228 | -1.53 | -1.6 | -2.03 | Low |
| 14:30 | US | EIA Gasoline Stocks Change | -2.536 | 0.688 | -0.7 | -1.20 | Medium |
| 14:30 | US | EIA Crude Oil Stocks Change | 0.095 | 4.405 | 0.6 | 0.67 | Medium |
| Thursday, August 27, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 12:30 | US | Goods Trade Balance Adv | -118.8 | -101.41 | -99 | -108.90 | Medium |
| 12:30 | US | Jobless Claims 4-Week Average | 205.5 | 204.25 | 203 | 203.13 | High |
| 12:30 | US | Initial Jobless Claims | 203 | 207 | 208 | 207.75 | High |
| 12:30 | US | Retail Inventories Ex Autos MoM | 0.7 | -0.5 | 0 | 0.35 | Medium |
| 12:30 | US | Wholesale Inventories MoM | 1.3 | 0.3 | 0.1 | 0.70 | Medium |
| 12:30 | US | Continuing Jobless Claims | 1778 | 1796 | 1790 | 1788.50 | High |
| 12:30 | US | Goods Trade Balance | -118.8 | -101.41 | -99 | -108.90 | High |