Employment Data Still in Focus After Roughly a Year of Lockdowns

The effects off the coronavirus have been felt by the U.S. economy for nearly a year now

Deputy Editor
Feb 25, 2021 at 12:33 PM
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As earnings season begins to wind down, there will be plenty of economic data for investor's to sift through. Employment data will likely be the highlight the week, with plenty of manufacturing data on tap as well. Retail will be the main focus of earnings, and the list of upcoming earnings reports includes American Eagle (AEO), AMC Entertainment (AMC), Autozone (AZO), BJ's Wholesale (BJ), Costco (COST), JD.com (JD), NIO (NIO) Novavax (NVAX), Target (TGT), Urban Outfitters (URBN), and Zoom Video (ZM).

Below is a list of key market events scheduled for the upcoming week. All economic dates listed below are tentative and subject to change.

Monday, Mar. 1, will bring the Markit manufacturing Purchasing Manager's Index (PMI) and the ISM manufacturing index. 

Tuesday, Mar. 2, will be fairly slow, with motor vehicle sales slated for release.

Wednesday, Mar. 3, the ADP employment report, the Markit services PMI, the Markit composite PMI, and the ISM non-manufacturing PMI are on tap.

Thursday, Mar. 4, initial and continuing jobless claims are due out, along with unit labor costs, nonfarm productivity data, and factory orders. 

To end the week, Friday, Mar. 5 will feature nonfarm payrolls, unemployment rate data, and trade deficit data. 

 

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