This week's major U.S. economic reports (February 7 - February 11)
THIS WEEK'S MAJOR U.S. ECONOMIC REPORTS & FED SPEAKERS
TIME (ET) REPORT PERIOD ACTUAL MEDIAN FORECAST PREVIOUS
MONDAY, FEB. 7
3 pm Consumer credit Dec. -- $24 billion $40 billion
TUESDAY, FEB. 8
6 am NFIB small-business index Jan. 97.5 98.9
8:30 am International trade Dec. -$82.9 billion -$80.2 billion
11 am Real household debt (year-over-year) Q4 -- 1.8%
WEDNESDAY, FEB. 9
10 am Wholesale inventories (revision) Dec. 2.0% 2.5%
10:30 am Fed. Gov. Michelle Bowman speaks
12 noon Cleveland Fed President Loretta Mester speaks
THURSDAY, FEB. 10
8:30 am Initial jobless claims Feb. 5 230,000 238,000
8:30 am Continuing jobless claims Jan. 29 -- 1.63 million
8:30 am Consumer price index (month-to-month) Jan. 0.4% 0.5%
8:30 am Core CPI (month-to-month) Jan. 0.4% 0.6%
8:30 am Consumer price index (year-to-year) Jan. 7.2% 7.0%
8:30 am Core CPI (year-to-year) Jan. 5.8% 5.5%
2 pm Federal budget Jan. $25 billion -$163 billion
7 pm Richmond Fed President Tom Barkin speaks
FRIDAY, FEB. 11
10 am UMich consumer sentiment index (preliminary) Feb. 67.0 67.2
10 am UMich 5-year inflation expectations (preliminary) Feb. -- 3.1%
https://www.chase.com/personal/investments/learning-and-insights/category/markets
Economic outlook
Up next for the markets: February 7 - February 11
James Chen
Head of Content Studio, J.P. Morgan Wealth Management
Feb 03, 2022 | 2 min read
How consumers and small businesses are faring amid omicron will be top of the agenda this week with a bevy of consumer-focused data being released.
This week investors will get a clearer picture of how small business owners and consumers feel with consumer credit for December and the Small Business Optimism Index for January being released.
Also scheduled to be released this week are new mortgage applications for last week, initial unemployment claims and the University of Michigans Consumer Sentiment survey for February.
Whether or not COVID-19 is hurting consumer spending and the confidence of business owners will become clearer this week with a bevy of important economic data being released. Investors will be paying close attention to how consumer credit fared during December, what the sentiment among consumers is now and whether business owners are feeling optimistic about 2022. Beyond consumer sentiment-focused data, mortgage applications and initial unemployment figures will be released.
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