Economic Calendar: March 5-March 9
TSC Staff
03/09/07 - 10:31 AM EST
|
| |
Time (EST) |
Indicator (click for definition) |
Source (click for press release) |
Actual |
Forecast |
Previous (revised) |
Previous (original) |
| Monday, March 5 |
| 10 a.m. |
ISM Services - Non-Manufacturing for February
|
Institute for Supply Management |
54.3 |
57.5 |
59.0 |
59.0 |
| Tuesday, March 6 |
| 8:30 a.m. |
Productivity for Q4 -- revised
|
Labor Department |
+1.6% |
+1.7% |
see Actual |
+3.0% (Q4 - prelim.) |
| -0.5% |
+0.2% (Q3) |
| Unit labor costs |
+6.6% |
n.a. |
see Actual |
+1.7% (Q4 - prelim.) |
| +1.1% |
+2.3% (Q3) |
| 9 a.m. |
ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended March 3 |
International Council of Shopping Centers and UBS |
-0.4% |
n.a. |
+0.2% |
+0.2% |
| 9 a.m. |
Johnson Redbook Retail Sales Index for the week ended March 3, vs. January  |
Redbook Research |
+2.9% |
n.a. |
-1.1% |
-1.2%* |
| 10 a.m. |
Factory orders for January
|
Census Bureau |
-5.6% |
-4.0% |
+2.6% |
+2.4% |
| 2 p.m. |
Bernanke speech |
Federal Reserve |
The Fed chairman speaks to Independent Community Bankers Association on the topic: Government Sponsored Enterprises |
| Wednesday, March 7 |
| 9 a.m. |
Mortgage Applications Survey for the week ended March 2 -- Market Composite Index |
Mortgage Bankers Association |
671.6 |
n.a. |
626.1 |
626.1 |
| Purchase Index |
405.3 |
n.a. |
401.3 |
401.3 |
| 9 a.m. |
Consumer Comfort Index for the week ended March 4 |
ABC News and Washington Post |
unchgd. |
n.a. |
-1 |
-1 |
| 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 21st meeting. |
| Thursday, March 8 |
| 8:30 a.m. |
Initial Jobless Claims for the week ended March 3 |
Labor Department |
+328,000 |
+335,000 |
+338,000 |
+338,000 |
| Four-week average |
+339,000 |
n.a. |
+335,000 |
+335,000 |
| 2:30 p.m. |
Treasury auction announcement |
Bureau of the Public Debt |
The Treasury announces the size of its next monthly ten-year note auction, next Tuesday. |
| Friday, March 9 |
| 8:30 a.m. |
Nonfarm payrolls for February
|
Labor Department |
+97,000 |
+100,000 |
+146,000 |
+111,000 |
Average hourly earnings
|
+0.4% |
+0.3% |
+0.2% |
+0.2% |
Unemployment rate
|
+4.5% |
+4.6% |
+4.6% |
+4.6% |
Augmented unemployment rate
|
unchgd. |
n.a. |
+7.3% |
+7.3% |
Pool of available workers
|
unchgd. |
n.a. |
12M |
12M |
| 8:30 a.m. |
International trade for January
|
Commerce Department |
-$59.1B |
-$60.0B |
-$61.5B |
-$61.2B |
| 10:30 a.m. |
Weekly Leading Index for the week ended March 2 |
Economic Cycle Research Institute |
unchgd. |
n.a. |
+3.2% |
+3.2% |
|
P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by
Reuters