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Saturday, February 06, 2021

Schedule for Week of February 7, 2021

by Calculated Risk on 2/06/2021 08:11:00 AM

The key report this week is January CPI.

Fed Chair Jerome Powell speaks on Wednesday on the "State of the U.S. Labor Market"

----- Monday, Feb 8th -----

No major economic releases scheduled.

----- Tuesday, Feb 9th -----

6:00 AM ET: NFIB Small Business Optimism Index for January.

Job Openings and Labor Turnover Survey 10:00 AM ET: 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 decreased in November to 6.527 million from 6.632 million in October.

The number of job openings (yellow) were down 3.9% year-over-year, and Quits were down 10.5% year-over-year.

----- Wednesday, Fed 10th -----

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The Consumer Price Index for January from the BLS. The consensus is for 0.4% increase in CPI, and a 0.2% increase in core CPI.

2:00 PM: Speech, Fed Chair Jerome Powell, State of the U.S. Labor Market, At the Economic Club of New York Webinar

----- Thursday, Feb 11th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for a decrease to 760 thousand from 779 thousand last week.

----- Friday, Feb 12th -----

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for February). The consensus is for a reading of 80.5.