Unemployment Rate Seen Rising to 3.6% -- Data Week Ahead Update
January 30 2023 - 02:29PM
Dow Jones News
The following are median forecasts for this week's remaining
U.S. data from a survey compiled by The Wall Street Journal.
The FOMC statement is scheduled for Wednesday at 2:00 p.m. ET,
followed by a press conference with Fed Chairman Jerome Powell at
2:30 p.m. ET.
DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS
(ET)
Tuesday 0830 Employment Cost Index 4Q +1.1% (23) +1.2%
0900 S&P/Case-Shiller 20-City Nov +7.0% (7) +8.6%
HPI Y/Y
0945 Chicago PMI Jan 45.3 (11) 44.9
1000 Consumer Confidence Jan 109.5 (27) 108.3
Wednesday 0815 ADP Jobs Jan +190K (11) +235K
0945 S&P Global U.S. Mfg PMI Jan 46.8 (9) 46.8*
1000 ISM Mfg PMI Jan 48.0 (27) 48.4
1000 Construction Spending Dec +0.0% (21) +0.2%
1000 Job Openings Dec 10.3M (8) 10.5M
& Labor Turnover
Thursday 0830 Jobless Claims Jan 28 195K (18) 186K
0830 Productivity (Prelim) 4Q +2.5% (22) +0.8%**
0830 Unit Labor Costs (Prelim) 4Q +1.5% (21) +2.4%**
1000 Factory Orders Dec +2.0% (19) -1.8%
Friday 0830 Nonfarm Payrolls Jan +187K (28) +223K
0830 Unemployment Rate Jan 3.6% (28) 3.5%
0830 Avg. Hourly Wages M/M*** Jan +0.3% (25) +0.27%
0830 Avg. Hourly Wages Y/Y*** Jan +4.3% (11) +4.59%
0945 S&P Global U.S. Svcs PMI Jan 46.6 (7) 46.6*
1000 ISM Non-Mfg PMI Jan 50.6 (25) 49.6
*Jan Flash Reading
**3Q Revised Reading
***All private-sector workers
(Figures in parentheses refer to number of economists surveyed.)
Write to Donna Huneke at dataweekahead@wsj.com
(END) Dow Jones Newswires
January 30, 2023 14:14 ET (19:14 GMT)
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