RSS Feed by Calculated Risk on 2/07/2015 01:09:00 PM
Saturday, February 07, 2015
Schedule for Week of February 8, 2015
The key economic report this week is January retail sales on Thursday.
At 10:00 AM ET: The Fed will release the monthly Labor Market Conditions Index (LMCI).
7:30 AM ET: NFIB Small Business Optimism Index for January.
Early: Trulia Price Rent Monitors for January. This is the index from Trulia that uses asking house prices adjusted both for the mix of homes listed for sale and for seasonal factors.
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 4.972 million from 4.830 million in October.
The number of job openings (yellow) were up 21% year-over-year compared to November 2013, and Quits were up 7% year-over-year.
7:00 AM: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to increase to 285 thousand from 278 thousand.
8:30 AM ET: Retail sales for January will be released.This graph shows retail sales since 1992 through December 2014. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). On a monthly basis, retail sales decreased 0.9% from November to December (seasonally adjusted), and sales were up 3.2% from December 2013.
The consensus is for retail sales to decrease 0.5% in January, and to decrease 0.5% ex-autos.
10:00 AM: Manufacturing and Trade: Inventories and Sales (business inventories) report for December. The consensus is for a 0.2% increase in inventories.
10:00 AM: University of Michigan's Consumer sentiment index (preliminary for February). The consensus is for a reading of 98.5, up from 98.1 in January.
