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Data from U.S. Bureau of Labor Statistics. Forecasts by Sigmanomics Forecast Engine.
United StatesUS Average Weekly Hours (Private) held to 34.4 Hours in August 2026
U.S. Bureau of Labor StatisticsMonthlyReleased September 2026
US Average Weekly Hours (Private) held to 34.4 Hours in August 2026, released September 2026.
Latest Release
34.400000
Actual
—
Consensus
34.400000
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 |
|---|---|---|---|---|---|
| GOOGL | ▲ Direct | +0.61 | STOCKS | Moves with | → View |
| S&P 500 | ▲ Direct | +0.44 | INDEX | Moves with | → View |
| AUD/USD | ▲ Direct | +0.38 | FOREX | Moves with | → View |
| BTC/USD | ▲ Direct | +0.36 | CRYPTO | Moves with | → View |
| AAPL | ▼ Inverse | −0.36 | STOCKS | Moves against | → View |
Correlation based on 12-month rolling window. Click any symbol to view its Sigmanomics forecast page.
THE RELEASE
Average Weekly Hours (Private) (United States) was reported at 34.40 Hours in August 2026. The reading was unchanged from the previous release. Over the past 12 months, the indicator has averaged 34.30 Hours, ranging from 34.20 Hours to 34.40 Hours across 11 releases. This is classified as a high-impact indicator released on a monthly basis.
WHY IT MATTERS
The trailing three releases averaged 34.37 Hours, up from the prior three at 34.30 Hours. Volatility over the past year (σ 0.06 Hours) is comparable than the prior year (σ 0.06 Hours). In September readings over the past 3 years, Average Weekly Hours (Private) has averaged 34.30 Hours.
THE MODEL'S TAKE
Historically, this indicator is positively correlated with GOOGL (Bullish GOOGL). 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 OPEC Meeting (Nov 1) and ISM Manufacturing Employment (Nov 2).
Auto-generated from current model state · Refreshes on each release · Last update September 2026.
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Average Weekly Hours (Private) - US
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About Average Weekly Hours (Private) — United States
DEFINITION
US Average Weekly Hours (Private) held steady at 34.400000 in August, matching July's level. The reading for August remained unchanged from July's 34.3, indicating stable labor input in private sectors. Market focus now shifts to upcoming employment reports for further labor market insights. Updated 10/4/26
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 typically move rates and currencies on release. Released monthly.
WHAT CHANGED THIS MONTH
Latest reading (Sep 2026): actual 34.4 Hours. Prior reading (Aug 2026): 34.4 Hours. Before that (Jul 2026): 34.3 Hours.
WHAT'S NEXT
Sigmacast's 1-month forecast points to a similar reading versus the latest print, with the 3-month outlook reinforcing that direction. Both horizons are aligned bullish for this indicator, suggesting a consistent trend signal. Trend-driven dynamics are the primary tailwind in the current projection. This indicator correlates most strongly with GOOGL (Bullish GOOGL, r=0.61) — a useful reference for stocks-focused traders.
Σ
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Economic Calendar - US Events
| Saturday, October 31, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
|---|---|---|---|---|---|---|---|
| 15:00 | US | Atlanta Fed GDPNow | 3.3 | 3.4 | 3.2 | 3.37 | Medium |
| Monday, November 2, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 14:00 | US | ISM Manufacturing Prices | 77.9 | 78 | 78.40 | Low | |
| 14:00 | US | ISM Manufacturing Employment | 52.7 | 53 | 54.50 | Medium | |
| 14:00 | US | ISM Manufacturing PMI | 54.5 | 54.7 | 55.50 | High | |
| 14:00 | US | ISM Manufacturing New Orders | 55.3 | 55.4 | 56.05 | Low | |
| 15:00 | US | Construction Spending MoM | 0.9 | 0.6 | 0.45 | Low | |
| 15:00 | US | ISM Manufacturing PMI | 54.5 | 54.7 | 55.50 | High | |
| 15:00 | US | ISM Manufacturing Prices | 77.9 | 77.5 | 77.90 | Low | |
| 15:00 | US | ISM Manufacturing Employment | 52.7 | 53 | 54.50 | Medium | |
| 15:00 | US | ISM Manufacturing New Orders | 55.3 | 55.4 | 56.05 | Low | |
| 15:30 | US | 3-Month Bill Auction | 4.05 | 4.009 | 4.01 | Low | |
| 16:30 | US | 3-Month Bill Auction | 4.05 | 4.009 | 4.01 | Low | |
| Tuesday, November 3, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 15:00 | US | JOLTs Job Openings | 7.079 | 7.1 | 7.08 | High | |
| 15:00 | US | Economic Optimism Index | 46.8 | 46.2 | 45.00 | Low | |
| 15:00 | US | JOLTs Job Quits | 3.066 | 3.05 | 3.14 | Low | |
| 15:00 | US | Factory Orders ex Transportation | 0.3 | 0.4 | -0.05 | Low | |
| 15:00 | US | Factory Orders MoM | 0.1 | 1.1 | 0.85 | Medium | |
| 19:00 | US | Total Vehicle Sales | 16 | 15.9 | 19.80 | Low | |
| Wednesday, November 4, 2026 | Actual | Previous | Consensus | Sigmanomics Rolling-Surprise Forecast | Impact | ||
| 13:15 | US | ADP Employment Change | 90 | 65 | 52.00 | High | |
| 13:30 | US | Imports | 420.8 | 429.1 | 430.60 | Medium | |
| 13:30 | US | Balance of Trade | -105.6 | -107.6 | -107.75 | Medium | |
| 13:30 | US | Exports | 315.2 | 320.3 | 321.65 | Medium | |
| 14:00 | US | ISM Services Prices | 74 | 75 | 77.05 | Low | |
| 14:00 | US | ISM Services New Orders | 59.8 | 59.5 | 60.45 | Low | |
| 14:00 | US | ISM Services PMI | 54.9 | 54.5 | 54.30 | High | |
| 14:00 | US | ISM Services Employment | 50.1 | 50 | 47.70 | Low | |
| 14:00 | US | ISM Services Business Activity | 56.5 | 56 | 57.55 | Low | |
| 15:00 | US | ISM Services PMI | 54.9 | 54.8 | 54.60 | High | |
| 15:00 | US | ISM Services New Orders | 59.8 | 59.5 | 60.45 | Low | |
| 15:00 | US | ISM Services Prices | 74 | 75 | 77.05 | Low | |
| 15:00 | US | ISM Services Employment | 50.1 | 50 | 47.70 | Low | |
| 15:00 | US | ISM Services Business Activity | 56.5 | 56 | 57.55 | Low | |