This week's major U.S. economic reports (January 17 - January 21)
THIS WEEK'S MAJOR U.S. ECONOMIC REPORTS & FED SPEAKERS
TIME (ET) REPORT PERIOD ACTUAL MEDIAN FORECAST PREVIOUS
MONDAY, JAN. 17
None scheduled. Martin Luther King Jr. Day
TUESDAY, JAN. 18
8:30 am Empire state manufacturing index Jan. -- 31.9
10 am NAHB home builders index Jan. -- 84
WEDNESDAY, JAN. 19
8:30 am Building permits (SAAR) Dec. -- 1.72 million
8:30 am Housing starts (SAAR) Dec. -- 1.68 million
8:30 am Philadelphia Fed manufacturing survey Jan. -- 15.4
THURSDAY, JAN. 20
8:30 am Initial jobless claims (regular state program) Jan. 15 -- n/a
8:30 am Continuing jobless claims (regular state program) Jan. 8 -- n/a
10 am Existing home sales (SAAR) Dec. -- 6.46 million
FRIDAY, JAN. 21
10 am Leading economic indicators Dec. -- 1,1%
https://www.chase.com/personal/investments/learning-and-insights/category/markets
Economic outlook
Up next for the markets: January 17 - January 21
James Chen
Head of Content Studio, J.P. Morgan Wealth Management
Jan 12, 2022 | 2 min read
In observance of Martin Luther King Jr. Day, both the Nasdaq and New York Stock Exchange (NYSE) will be closed Monday, January 17.
After the holiday, the health of the real estate market is on the agenda next week, with several important economic data points being released. This includes NAHBs Housing Market Index, housing starts and building permits. Initial and existing unemployment claims and the Markit Purchasing Managers' Index will also be published.
Investors will get a clearer picture of how the housing market is faring amid rising COVID-19 cases and the seasonally slow winter months from a building perspective. The National Association of Home Builders (NAHB)/Wells Fargo Housing Market Index for January is of particular interest given homebuilders are still dealing with supply and labor shortages. Housing starts and building permit data from December will also provide valuable contextual information.
Initial and existing unemployment claims for the previous week will also be published. With omicron still rapidly spreading, the number of people filing for unemployment benefits ticked up again for the week ending January 1. December nonfarm payrolls came in below expectations so investors will be carefully watching initial and continuing claims on a weekly basis to get a better sense of the job market.
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