RSS Feed by Calculated Risk on 2/03/2018 08:11:00 AM
Saturday, February 03, 2018
Schedule for Week of Feb 4, 2018
This will be a light week for economic data.
The key reports this week are the trade deficit and job openings.
10:00 AM: the ISM non-Manufacturing Index for January. The consensus is for index to increase to 56.2 from 55.9 in December.
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 $51.9 billion in December from $50.5 billion in November.
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 5.879 million from 5.925 in October.
The number of job openings (yellow) were up 4.4% year-over-year, and Quits were up 3.1% year-over-year.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
3:00 PM: Consumer Credit from the Federal Reserve. The consensus is for consumer credit to increase $20.0 billion in December.
8:30 AM ET: The initial weekly unemployment claims report will be released. The consensus is for 235 thousand initial claims, up from 230 thousand the previous week.
No major economic releases scheduled.
