Weekly schedule for January 31, 2021

Along Calculated risk of 1/30/2021 08:11:00 AM

The main report scheduled for this week is the January Employment Report.

Other key indicators include January ISM manufacturing and service surveys, December trade deficit, and January car sales.

—– Monday, February 1 —–

10 am: ISM Manufacturing Index In January. The consensus is that the ISM will go from 60.7 in December to 60.0.

10 am: Construction cost In December. The consensus is to increase construction costs by 0.9%.

2 pm: Senior Loan Officer Poll on Bank Loan Practices In January.

—– Tuesday, February 2 —–

10 am: Corelogic Home Price Index In December.

10 am: Residential Vacancy and Ownership in Q4 2020 From the Census Bureau.

all day: Light car sales In January. The consensus is that light vehicle sales were 16.3 million SAAR in January, unchanged from 16.3 million (seasonally adjusted annual rate) in December.

This graph shows the sale of small cars since BEA began retaining data in 1967. The dashed line is the December sales rate.

—– Wednesday, Federal Government 3rd —–

7:00 AM ET: Mortgage Bankers Association (MBA) Mortgage Purchase Application Index..

8:15 am: ADP Employment Report In January. This report only covers personal salaries (not government). The consensus is about 45,000 payroll jobs added in January, from 123,000 lost in December.

10 am: ISM non-manufacturing index In January.

—– Thursday, February 4 —–

8:30 am: First weekly unemployment insurance claim The report will be published. The consensus is to decline from 847,000 last week to 820,000.

—– Friday, February 5 —–

8:30 am: Employment report In January. The consensus is that 50,000 jobs will be added and the unemployment rate will remain unchanged at 6.7%. There were 140,000 unemployment in December, with an unemployment rate of 6.7%.

This graph shows the percentage of unemployment since the beginning of the recession.

The current employment recession was by far the worst in percentage and the worst in unemployment since World War II.

8:30 am: Trade balance report From the Census Bureau in December.

This graph shows the US trade deficit, with or without oil, throughout the latest report. The blue line is the total deficit, the black line is the oil deficit, and the red line is the former petroleum product with the trade deficit.

The consensus is that the trade deficit will be $ 65.7 billion. The US trade deficit in November was $ 68.1 billion.