Market Weekly: Jan 29 Feb 2 2018

#14765
Assistanc3
Participant

December Construction Spending: +0.7% M/M to 1,253.3B vs. +0.4% consensus, +0.6% prior (revised).
Construction spending rose 2.6% Y/Y.
Public construction grew 0.3% during the month to $290B, while private construction up 0.8% to 963.2B.
Initial Jobless Claims -1K at 230K vs. 235K consensus, 231K prior (revised).
Continuous Claims: +13K at 1.953M vs. 1.940M.

Challenger Job-Cut Report: 44,653 from 32,423 in December

Q4 Productivity and Costs: -0.1% vs. +1.1% expected, +2.7% previous (revised).
Unit labor costs +2.0% vs. +0.9% expected, -0.1% previous.

US PMI Manufacturing Index 55.5 vs. 55.5 consensus, 55.1 prior.

ISM Manufacturing Index: 59.1 vs. 58.6 consensus and 59.3 prior.
Employment 54.2 vs. 58.1 prior.
Prices 72.7 vs. 68.3
New Orders 65.4 vs. 67.4
Production 64.5 vs. 65.2

Bloomberg Consumer Comfort Index improves to 54.6 from 53.7 last week.
The State of the Economy index jumps to 57.8 from 55.2.
The Personal Finance index edges up to 59.9 from 59.8.
The Buying Climate index slips to 46.1 from 46.2.