by Calculated Risk on 2/03/2024 08:11:00 AM

This will be light week for economic data. 

The key report this week is the December trade deficit.

----- Monday, February 5th -----
10:00 AM: ISM Services Index for January.

2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS).

----- Tuesday, February 6th -----
8:00 AM ET: Corelogic House Price index for December.

11:00 AM: NY Fed: Q4 Quarterly Report on Household Debt and Credit

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

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 the most recent report. 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 the trade deficit to be $62.3 billion.  The U.S. trade deficit was at $63.2 billion in November.

----- Thursday, February 8th -----
8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 220 thousand initial claims, down from 224 thousand last week.

----- Friday, February 9th -----
8:30 AM: Updated Seasonal Factors for CPI (January 2019 through December 2023)