Date
GMT+00:00
Event Value
Feb, 23 14:00
★★
FOMC Member Lael Brainard Speaks
FOMC Member Lael Brainard Speaks
Country:
Date: Feb, 23 14:00
Importance: Medium
Previous: -
Forecast: -
Actual: -
Period: -
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.
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%
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%
Feb, 24 13:30
Wholesale Inventories
Wholesale Inventories
Country:
Date: Feb, 24 13:30
Importance: Low
Previous: 0.8%
Forecast: 0.9%
Actual: -
Period: Nov

The stock of unsold goods held by wholesalers. Wholesalers act as intermediaries between manufacturers or importers, and retailers. Wholesalers sell directly to retailers, who strive to act in accordance (ideally) with consumer demand. Consequently, high Wholesale Inventories indicate that unsold goods are piling up, suggesting that retailers are facing lagging consumer demand and unwilling to purchase goods. Conversely, declining Wholesale Inventories suggest retailers are buying more goods to meet strong or rising demand. Because Wholesale Inventories reflect the demand retailers have for their manufacturers' wares, the report offers an early indication of the potential strength of consumer spending.

Wholesale Inventories are reported in headlines as a percent change from the previous month.

0.8%
Feb, 24 13:30
★★
Goods Trade Balance
Goods Trade Balance
Country:
Date: Feb, 24 13:30
Importance: Medium
Previous: -77.2bln
Forecast: -75.5bln
Actual: -
Period: Nov
Since July 2015, the US Bureau of Economic Analysis has started publishing preliminary estimate of goods trade balance. This release will be 4-7 earlier than trade balance data. Growth in the reading favors the US dollar.
-77.2bln
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