Timetable for the week of March 2, 2025

from Calculated risk 01.03.2025 08:11:00 am

The main report planned for this week is the employment report in February.

The Fed chairman Powell talks about the economic prospects on Friday.

—— Monday, March 3 —–

10:00 am: ISM Manufacturing Index for February. The consensus is that the ISM of 50.9 in January is 50.8.

10:00 am: Building expenditure For January. The consensus is an increase in construction expenses by 0.2%.

All day: Light vehicle sales for February. In January, sales were 15.6 million (seasonally adjusted annual rate). The consensus consists for a sales climber to 15.9 million Saar.

This graphic has shown easy vehicle sales since Bea began data in 1967. The dashed line is the sales rate in January.

—– Tuesday, March 4th —–

No important economic publications planned.

—– Wednesday, March 5 —–

7:00 a.m. ET: The Mortgage Bankers Association (MBA) will publish the results for the Mortgage application index.

8:15 a.m.: The ADP employment report for February. This report only applies to private salary statements (no government). The consensus is added for 140,000 wage and salary billing jobs in February, compared to 183,000 in January.

10:00 am: The ISM Services Index for February.

2:00 p.m.: The Federal reserve beige bookAn informal review of the Federal Reserve banks of the current economic conditions in their districts.

—– Thursday, March 6th —–

8:30 a.m.: The First weekly unemployment claims The report will be published. There were 242,000 claims last week.

8:30 p.m.: US international trade in goods and services for January from Census Bureau.

This graphic shows the US trade deficit with and without oil through the latest report. The blue line is the overall deficit and the black line is the oil deficit, and the red line is the trade deficit-ex-petroleum products.

The US trade deficit was 98.4 billion US dollars in December.

—– Friday, March 7th —–

8:30 p.m.: Work report for February. The consensus is 158,000 jobs and 4.0%for the unemployment rate.

In January, 143,000 jobs were added, and the unemployment rate was 4.0%.

This graphic shows the jobs that have been added per month since January 2021.

12:30 p.m.: Speech, Fed chairman Jerome PowellPresent Economic prospectsAt the University of Chicago Booth School of Business 2025 US money policy, New York, NY