Core PCE Price Index MoM -- Core PCE prices, which exclude food and energy, jumped by 0.6% month-over-month in January of 2023, the most since August, following an upwardly revised 0.4% increase in the previous month and above market estimates of 0.4%.
Economic Reports: Friday, February 24 (EST)
8:30 AM – Consumer Spending
8:30 AM – Personal Income
8:30 AM – PCE Index
8:30 AM – Core PCE Index
10:00 AM – New Home Sales
10:00 AM – Consumer Sentiment
10:15 AM – SPEAKER: Fed Governor Philip N. Jefferson
Producer Price Inflation MoM -- Producer prices for final demand in the US increased 0.7% month-over-month in January of 2023, the most in seven months and higher than market forecasts of 0.4%.
RETAIL SALES in the US -- unexpectedly jumped 3% month-over-month in January of 2023, the biggest increase since March of 2021 and way above market forecasts of a 1.8% rise. It follows a 1.1% drop in December.
Economic Reports: Wed 2-15 (EST)
8:30 AM – Retail Sales
8:30 AM – Retail Sales (Ex Motor Vehicles)
8:30 AM – Empire State Manf Index
9:15 AM – Industrial Production Index
9:15 AM – Capacity Utilization Rate
10:00 AM – NAHB Home Builders’ Index
10:00 AM – Business Inventories
Economic Reports & Fed Speakers: Tuesday, February 14 (EST)
6:00 AM – NFIB Small Business Index
8:30 AM – Consumer Price Index
8:30 AM – Core CPI
FED SPEAKERS THROUGHOUT THE DAY: Lorie Logan, Patrick Harker, John Williams
Initial Jobless Claims -- The number of Americans filing for unemployment benefits rose to 196,000 in the week ending February 4th, from the previous week's nine-month low of 183,000 and above market expectations of 190,000.
US Non Farm Payrolls -- The US economy unexpectedly created 517K jobs in January of 2023, the most since July, and way above an average monthly gain of 401K in 2022, easily beating market forecasts of 185K.
Economic Reports: Wednesday, February 1 (EST)
8:15 AM – ADP Employment Report
9:45 AM – S&P Manufacturing PMI
10:00 AM – ISM Manufacturing Index
10:00 AM – Job Openings
10:00 AM – Quits
10:00 AM – Construction Spending
VARIES – Motor Vehicle Sales