Economic Calendar: January 31-February 4

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, Jan. 31 8:30 a.m. Personal income for Dec. Commerce Department +3.7% +3.4% +0.4% +0.3% Consumption +0.8% +0.8% +0.4% +0.2% 10 a.m. New home sales for Dec. Census Bureau 1.098M 1.200M 1.097M 1.125M 10 a.m. Chicago Purchasing Managers' Index for Jan. National Association of Purchasing Management -- Chicago 62.4 59.8 61.9 61.2 Tuesday, Feb. 1 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended Jan. 29 International Council of Shopping Centers and UBS -1.9% n.a. +0.1% +0.1%% 9 a.m. Johnson Redbook Retail Sales Index for the week ended Jan. 29, vs. Dec. Redbook Research +2.4% n.a. +1.1% +1.1%* 10 a.m. ISM Index - Manufacturing for Jan. Institute for Supply Management 56.4 57.7 57.3 57.3 10 a.m. Construction spending for Dec. Census Bureau +1.1% +0.5% +0.3% -0.4% Wednesday, Feb. 2 7 a.m. Mortgage Applications Survey for the week ended Jan. 28 -- Market Composite Index Mortgage Bankers Association 706.4 n.a. 658.1 658.1 Purchase Index 440.3 n.a. 439.0 439.0 9 a.m. Federal Open Market Committee meeting Federal Reserve The Fed's monetary policymaking committee holds its 1st meeting of the year in Washington. Any change in monetary policy will be announced at around 2:15 p.m. 11 a.m. Consumer Comfort Index for the week ended Jan. 28 ABC News and Washington Post -11 n.a. -8 -8 Thursday, Feb. 3 8:30 a.m. Initial Jobless Claims for the week ended Jan. 29 Labor Department +316,000 n.a. +325,000 +325,000 Four-week average +331,500 n.a. +342,000 +342,000 8:30 a.m. Productivity for Q4 -- preliminary Labor Department +0.8% +2.0% +1.8% +1.8% Unit labor costs +2.3% n.a +1.6% +1.8% 10 a.m. Factory orders for Dec. Census Bureau +0.3% +0.8% +1.4% +1.2% 10 a.m. ISM Services - Non-Manufacturing for Jan. Institute for Supply Management 59.2 61.0 63.9 63.1 Friday, Feb. 4 8:30 a.m. Nonfarm payrolls for Jan. Labor Department +146,000 +185,000 +133,000 +157,000 Average hourly earnings +0.2% +0.2% +0.1% +0.1% Unemployment rate +5.2% +5.4% +5.4% +5.4% Augmented unemployment rate -- n.a. -- +8.6% Pool of available workers 7.7M n.a. 8M 13M 9:45 a.m. Consumer Sentiment Index for Jan. -- final University of Michigan 95.5 96.4 see actual 95.8 (Jan. prelim.) 97.1 97.1 (Dec.) 10:30 a.m. Weekly Leading Index for the week ended Jan. 28 Economic Cycle Research Institute +0.3% n.a. -0.3% -0.5%

P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by Reuters

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