Economic Calendar: March 1-5

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 January Commerce Department +0.1% +0.4% +0.3% +0.4% Consumption +0.5% +0.4% +0.3% +0.2% 10 a.m. Construction spending for January Census Bureau -0.6% -0.6% -1.2% -1.2% 10 a.m. ISM Index - Manufacturing for February Institute for Supply Management 56.5 58.0 58.4 58.4 Tuesday, March 2 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended February 27 International Council of Shopping Centers and UBS -0.8% n.a. +2.3% +2.3% 9 a.m. Johnson Redbook Retail Sales Index for the week ended February 27, vs. January Redbook Research +1.5% n.a. +1.6% +1.6%* Wednesday, March 3 9 a.m. Mortgage Applications Survey for the week ended February 26 -- Market Composite Index Mortgage Bankers Association +14.6% n.a. -8.5% -8.5% Purchase Index +9.0% n.a. -7.3% -7.3% 9 a.m. Consumer Comfort Index for the week ended February 28 ABC News and Washington Post -49 n.a. -50 -50 10 a.m. ISM Services - Non-Manufacturing for February Institute for Supply Management 53.0 51.0 50.5 50.5 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 16th meeting. Thursday, March 4 8:30 a.m. Initial Jobless Claims for the week ended February 27 Labor Department +469,000 +475,000 +498,000 +496,000 Four-week average +471,000 n.a. +474,000 +474,000 8:30 a.m. Productivity for Q4 -- revised Labor Department +6.9% +6.2% see Actual +6.2% (Q4 - prelim.) -- +8.1% (Q3) Unit labor costs -5.9% -4.4% see Actual -4.4% (Q4 - prelim.) -- -2.5% (Q3) 10 a.m. Factory orders for January Census Bureau +1.7% +1.2% +1.5% +1.0% Friday, March 5 8:30 a.m. Nonfarm payrolls for February Labor Department -36,000 -20,000 -26,000 -20,000 Average hourly earnings +0.1% +0.2% +0.2% +0.2% Unemployment rate +9.7% +9.8% +9.7% +9.7% Augmented unemployment rate +13.7% n.a. +14.9% +13.1% Pool of available workers 21M n.a. 21M 21M 10:30 a.m. Weekly Leading Index for the week ended February 26 Economic Cycle Research Institute +13.7% n.a. +14.9% +14.9%

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

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