RSS Feed by Calculated Risk on 2/04/2017 08:09:00 AM
Saturday, February 04, 2017
Schedule for Week of Feb 5, 2017
This will be a light week for economic data.
The key economic report this week is December Trade Deficit.
10:00 AM ET: The Fed will release the monthly Labor Market Conditions Index (LMCI).
6:00 AM ET: NFIB Small Business Optimism Index for January.
8:30 AM: Trade Balance report for December from the Census Bureau. This graph shows the U.S. trade deficit, with and without petroleum, through November. The blue line is the total deficit, and the black line is the petroleum deficit, and the red line is the trade deficit ex-petroleum products.
The consensus is for the U.S. trade deficit to be at $44.9 billion in December from $45.2 billion in November.
10:00 AM: Job Openings and Labor Turnover Survey for December from the BLS. This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.
Jobs openings increased in November to 5.522 million from 5.451 million in October.
The number of job openings (yellow) were up 6% year-over-year, and Quits were up 7% year-over-year.
3:00 PM: Consumer credit from the Federal Reserve. The consensus is for a $20.0 billion increase in credit.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM ET: The initial weekly unemployment claims report will be released. The consensus is for 250 thousand initial claims, up from 246 thousand the previous week.
10:00 AM: Monthly Wholesale Trade: Sales and Inventories for December. The consensus is for a 1.0% increase in inventories.
10:00 AM: University of Michigan's Consumer sentiment index (preliminary for February). The consensus is for a reading of 98.0, down from 98.5 in January.
