Economic Calendar

THIS WEEK'S MAJOR U.S. ECONOMIC REPORTS & fed speakers

time (et) report period ACTUAL MEDIAN

forecast previous the GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, FEB. 25 8:30 am Chicago Fed national activity index Jan. -0.43 -- 0.05 10 am Wholesale inventories* (new date) Dec. 1.1% -- 0.4% 11 am Richard Clarida, Rob Kaplan listen 6 pm Richard Clarida, Rob Kaplan speak TUESDAY, FEB. 26 8:30 am Housing starts* (new date) Dec. 1.078mln 1.256mln 1.214mln 8:30 am Building permits* (new date) Dec. 1.326 -- 1.322mln 9 am Case-Shiller home price index Dec. 4.7% -- 5.1% 10 am Jerome Powell testimony 10 am Consumer confidence index Feb. 131.4 124.7 121.7 10 am New home sales* Jan. DELAYED WEDNESDAY, FEB. 27 8:30 am Advance trade in goods* (new date) Dec. -$73.5 bln -$71.6bln 8:30 am Durable goods orders* Jan. DELAYED 10 am Jerome Powell testimony 10 am Pending home sales index Jan. -- -2.2% 10 am Factory orders* (new date) Dec. 0.5% -0.6% THURSDAY, FEB. 28 8 am Richard Clarida speaks 8:30 am Weekly jobless claims 2/23 225,000 216,000 8:30 am GDP* (first & second estimates) Q4 1.9% 3.4% (Q3) 8:50 am Raphael Bostic speaks 9:45 am Chicago PMI Feb. -- 56.7 10 am Housing vacancies* (new date) Q4 12:15 pm Patrick Harker speaks 1 pm Rob Kaplan speaks 7 pm Loretta Mester speaks 8:15 pm Jerome Powell speaks FRIDAY, MARCH 1 8:30 am Personal income* (new date) Dec. 0.4% 0.2% 8:30 am Personal income Jan. 0.3% N/A 8:30 am Consumer spending* (new date) Dec. -0.3% 0.4% 8:30 am Consumer spending* Jan. DELAYED 8:30 am Core inflation* (new date) Dec. 0.2% 0.1% 8:30 am Core inflation* Jan. DELAYED 9:45 am Markit manufacturing PMI Feb. 53.7 10 am ISM manufacturing index Feb. 55.2% 56.6% 10 am Construction spending* Jan. DELAYED 10 am Consumer sentiment index Feb. 95.6 95.5 1:15 pm Raphael Bostic speaks Varies Motor vehicle sales Feb. 16.9 mln 16.7 mln *delayed by government shutdown

next WEEK'S MAJOR U.S. ECONOMIC reports & FED SPEAKERS

time (et) report period ACTUAL forecast previous the GOVERNMENT SHUTDOWN WILL DELAY THE RELEASE OF SOME DATA THIS WEEK. MONDAY, MARCH 4 10 am Construction spending* (new date) Dec. -- 0.8% TUESDAY, MARCH 5 9:45 am Markit services PMI (final) Feb. -- 56.2 10 am New home sales* (new date) Dec. -- 657,000 10 am ISM nonmanufacturing index Feb. -- 56.7% 2 pm Federal budget Jan. -- $49 bln WEDNESDAY, MARCH 6 8:15 am ADP employment Feb. -- 213,000 8:30 am Trade balance* (new date) Dec. -- -$49.3bln 10 am Factory orders* Jan. DELAYED 2 pm Beige Book THURSDAY, MARCH 7 8:30 am Weekly jobless claims 3/2 -- -- 8:30 am Productivity* (full report) Q4 -- 2.2% (Q3) 8:30 am Unit labor costs* (full report) Q4 -- 0.9% (Q3) 8:30 am Trade balance* Jan. DELAYED 3 pm Consumer credit Jan. -- $17 bln FRIDAY, MARCH 8 8:30 am Nonfarm payrolls Feb. -- 304,000 8:30 am Unemployment rate Feb. -- 4.0% 8:30 am Average hourly earnings Feb. -- 0.1% 10 am Wholesale inventories* Jan. DELAYED *delayed by government shutdown





LAST WEEK'S MAJOR U.S. ECONOMIC reports & FED SPEAKERS

GDP forecasts

DATE report period forecast previous Feb. 28*

(new date) GDP 4Q 1.9% 3.4% (Q3) April 26 GDP 1Q 1.9% 3.4% (Q3) July 26 GDP 2Q 2.5% 3.4% (Q3) Feb. 28*

(new date) GDP 2018 2.9% 2.2% (2017) Jan. 2020 GDP 2019 2.4% 2.2% (2017) *delayed by government shutdown

The median forecasts that MarketWatch publishes each week in the economic calendar come from the forecasts of the 15 economists who have scored the highest in our contest over the past 12 months, as well as the forecasts of the most recent winner of the Forecaster of the Month contest.

The economists in our consensus forecast: Jim O'Sullivan of High Frequency Economics, Joerg Angele of Raiffeisen Bank International, Christophe Barraud of Market Securities, Ryan Sweet of Moody's Analytics, Peter Morici of the University of Maryland, Avery Shenfeld's team at CIBC, Michelle Girard's team at NatWest Markets, Brian Wesbury and Bob Stein of First Trust, Michael Feroli at J.P. Morgan Chase, Richard Moody of Regions Financial, Spencer Staples of EconAlpha, Ian Shepherdson of Pantheon Macro, Douglas Porter's team at BMO, Seth Carpenter's team at UBS, and Pat O'Hare of Briefing.com.

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