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.
Forecasts were last updated Monday afternoon.
DATE TIME RELEASE PERIOD CONSENSUS PREVIOUS (ET) 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
01-31-23 1014ET