Economic Calendar: January 28-February 1

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, January 28 10 a.m. New home sales for December Census Bureau .604M .645M .634M .647M Tuesday, January 29 8:30 a.m. Durable goods orders for December Census Bureau +5.2% +2.0% +0.5% -0.1% Ex-transportation +2.6% n.a. +0.5% -0.4% 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended January 26 International Council of Shopping Centers and UBS -1.2% n.a. +0.7% +0.7%% 9 a.m. Johnson Redbook Retail Sales Index for the week ended January 26, vs. December Redbook Research +0.4% n.a. -0.3% -0.2%* 10 a.m. Consumer Confidence Index for January Conference Board 87.9 87.0 90.6 88.6 Wednesday, January 30 8:30 a.m. Gross domestic product for Q4 -- advance Commerce Department +0.6% +1.2% +4.9% +4.9% (Q3) Implicit price deflator +2.5% n.a. +1.0% +1.0% (Q3) 9 a.m. Mortgage Applications Survey for the week ended January 25 -- Market Composite Index Mortgage Bankers Association 1054.9 n.a. 981.5 981.5 Purchase Index 362.0 n.a. 439.9 439.9 9 a.m. Consumer Comfort Index for the week ended January 27 ABC News and Washington Post -27 n.a. -23 -23 9 a.m. Federal Open Market Committee meeting Federal Reserve The Fed's monetary policymaking committee holds its first meeting of the year in Washington. Any change in monetary policy will be announced at around 2:10 p.m. Thursday, January 31 8:30 a.m. Employment Cost Index for Q1 Labor Department +0.8% +0.8% +0.8% +0.8% 8:30 a.m. Initial Jobless Claims for the week ended January 26 Labor Department +375,000 +320,000 +306,000 +301,000 Four-week average +326,000 n.a. +316,000 +315,000 8:30 a.m. Personal income for December Commerce Department +0.5% +0.4% +0.4% +0.4% Consumption +0.2% +0.1% +1.0% +1.1% 10 a.m. Chicago Purchasing Managers' Index for January National Association of Purchasing Management -- Chicago 51.5 52.0 56.4 56.6 Friday, February 1 8:30 a.m. Nonfarm payrolls for January Labor Department -17,000 +65,000 +82,000 +18,000 Average hourly earnings +0.2% +0.3% +0.4% +0.4% Unemployment rate +4.9% +5.0% +5.0% +5.0% Augmented unemployment rate unchgd. n.a. +7.8% +7.8% Pool of available workers unchgd. n.a. 12M 12M 10 a.m. Construction spending for December Census Bureau -1.1% -0.5% +0.1% +0.1% 10 a.m. ISM Index - Manufacturing for January Institute for Supply Management 50.7 47.5 47.7 47.7 10 a.m. Consumer Sentiment Index for January -- final University of Michigan 78.4 79.0 see actual 80.5 (January prelim.) -- 75.5 (December) 10:30 a.m. Weekly Leading Index for the week ended January 25 Economic Cycle Research Institute -7.1% n.a. -6.0% -6.0%

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

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