Date
GMT+00:00
Event Previous Forecast Actual
Feb, 22 18:30
★★
FOMC Member Randal K. Quarles Speaks
FOMC Member Randal K. Quarles Speaks
Country:
Date: Feb, 22 18:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
Federal Reserve Governor Randal Quarles - FOMC voting member Oct 2017 - Jan 2032. Federal Reserve FOMC members vote on where to set the nation's key interest rates and their public engagements are often used to drop subtle clues regarding future monetary policy.
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Feb, 22 18:30
★★
FOMC Member James Bullard Speaks
FOMC Member James Bullard Speaks
Country:
Date: Feb, 22 18:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
James Bullard is the chief executive officer and 12th president of the Federal Reserve Bank of St. Louis, positions he has held since 2008. He is currently serving a term that began on March 1, 2011. In 2014, he was named the 7th most influential economist in the world.
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Feb, 22 22:30
★★
FOMC Member John C. Williams Speaks
FOMC Member John C. Williams Speaks
Country:
Date: Feb, 22 22:30
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -

John C. Williams is President and CEO of the Federal Reserve Bank of San Francisco.

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Feb, 24 13:30
Labor Cost
Labor Cost
Country:
Date: Feb, 24 13:30
Importance: Low
Previous: 0.9%
Forecast: 1.7%
Actual: -
Period: 4 quarter

The indicator reflects the quarterly changes in salaries and other income received by working population.

0.9% 1.7% -
Feb, 24 13:30
Non-Farm Productivity
Non-Farm Productivity
Country:
Date: Feb, 24 13:30
Importance: Low
Previous: 2.3%
Forecast: 1.7%
Actual: -
Period: 4 quarter

Measures the output produced for each hour of labor worked. Non-farm Productivity is considered the most accurate gauge of overall business health, given farming data's small and volatile contribution to GDP. To businesses, higher productivity indicates efficient use of employees and capital. Given that labor costs make up more than two-thirds of the average businesses expenses, high productivity can allow a firm to fulfill consumer demand with less labor costs, boosting profitability. Thus trends in this report can precede investment spending and business growth. Also if prices for raw materials increase, improved productivity can save a firm from passing higher costs to the end consumer. Given such business effects, healthy productivity growth bodes well for the economy as a whole, signalling increased production capability and business growth.

Productivity is reported as output per hour per worker, categorized into industry figures.

On a Technical Note: The Non-Farm Productivity number is generated by comparing the number of hours worked (Employment Situation report) to Gross Domestic Product data.

2.3% 1.7% -