By MarketWatch Monday, Aug. 6 Congress on recess until Sept. 4. 2 p.m.: Senior loan officer survey, released by the Federal Reserve. Tuesday, Aug. 7 10 a.m.: Job openings for June, released by the Labor Department. 3 p.m.: Consumer credit for June, released by the Federal Reserve. ECONOMY AND POLITICS July jobs data show some pick up in hiringNonfarm payroll employment rose by 163,000 in July, a faster pace than the prior four months. The unemployment rate ticked higher to 8.3%.• ‘Hopeful’ and a ‘hammer blow’• First Take: 'Treading water' • Fed frets, but no action taken • Mitt's tax returns will dog him • U.S. economic calendar• Global economic calendar• Columns: Nutting | Delamaide• Follow the @MktwEconomics twitter feed Wednesday, Aug. 8 8:30 a.m.: Productivity and labor costs for the second quarter, released by the Labor Department. All day: Conference on the role of home appraisals in the housing market, and how to return to market fundamentals, at the American Enterprise Institute. Thursday, Aug. 9 8:30 a.m.: Weekly jobless claims, released by the Labor Department. 8:30 a.m.: Trade deficit for June, released by the Commerce Department. 10 a.m.: Wholesale inventories for June, released by the Commerce Department. Friday, Aug. 10 8:30 a.m.: Import price index for July, released by the Labor Department. 2 p.m.: Federal budget for July, released by the Treasury Department.