Economic Calendar: March 1-5

02/27/04 - 04:07 PM EST

TSC Staff

Time
(EST)
Indicator
(click for definition)
Source
(click for press release)
Actual Forecast Previous
(revised)
Previous
(original)
Monday, March 1
8:30 a.m. Personal income for Jan. Commerce Department +0.2% +0.5% +0.3% +0.2%
Consumption +0.4% +0.3% +0.5% +0.4%
10 a.m. Construction spending for Jan. Census Bureau -0.3% +0.3% +0.6% +0.4%
10 a.m. Manufacturing ISM for Feb. Institute for Supply Management 61.4 62.0 63.6 63.6
Tuesday, March 2
9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended Feb. 28 International Council of Shopping Centers and UBS unchgd. n.a. -0.2% -0.2%
9 a.m. Redbook Retail Average for the week ended Feb. 28, vs. Jan. Redbook Research +5.8% n.a. +0.3% +0.3%*
12:30 p.m. Greenspan speech Federal Reserve The Fed chairman speaks to the Economics Club of New York.
Wednesday, March 3
7 a.m. Mortgage Applications Survey for the week ended Feb. 27 -- Refinancing Index Mortgage Bankers Association 878.7 n.a. 854.5 854.5
Purchase Index 422.6 n.a. 423.5 423.5
10 a.m. ISM Services Non-Manufacturing Index for Feb. Institute for Supply Management 60.8 63.4 65.7 65.7
11 a.m. Consumer Comfort Index for the week ended Feb. 27 Money Magazine and ABC News -16 n.a. -13 -13
2 p.m. Beige Book Federal Reserve The Fed's anecdotal report on economic conditions around the country is for consideration at the Federal Open Market Committee's March 3 meeting.
Thursday, March 4
8:30 a.m. Initial Jobless Claims for the week ended Feb. 28 Labor Department 345,000 345,000 352,000 350,000
Four-week average 352,250 n.a. 355,250 354,750
8:30 a.m. Productivity for Q4 -- revised Labor Department +2.6% +2.7% see Actual +2.7% (Q4 - prelim.)
+9.5% +9.4% (Q3)
Unit labor costs -0.4% n.a. see Actual -1.3% (Q4 - prelim.)
-5.6% -5.8% (Q3)
10 a.m. Factory orders for Jan. Census Bureau -0.5% -0.6% +1.8% +1.1%
Friday, March 5
8:30 a.m. Nonfarm payrolls for Feb. Labor Department 21,000 125,000 97,000 112,000
Average hourly earnings +0.2% +0.2% +0.3% +0.1%
Unemployment rate unchgd. unchgd. +5.6% +5.6%
Augmented unemployment rate +8.5% n.a. +8.6% +8.6%
Pool of available workers 8.2M n.a. 8.3M 8.3M
9:40 a.m. Future Inflation Gauge for Feb. Economic Cycle Research Institute 116.0 n.a. 114.8 114.8
10:30 a.m. Weekly Leading Index for the week ended Feb. 27 Economic Cycle Research Institute +10.5% n.a. +10.5% +10.4%
P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by Reuters
Last week's calendar
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