February Economic Indicator Publication Schedule

The Lehmann Letter (SM)

Attitudes about the economy are upbeat.

Last Friday the Bureau of Economic Analysis released its advance estimate for 2010 fourth-quarter GDP growth:

http://www.bea.gov/newsreleases/national/gdp/gdpnewsrelease.htm

The number looked good: A 3.2% gain at an annual rate.

But signs of weakness remain, especially in residential real estate.

A list of important economic indicators and their February publication schedules appears below. The Lehmann Letter will review those that merit particular attention.

ECONOMIC INDICATOR PUBLICATION SCHEDULE

February 2011

Source (* below)……Series Description……Day & Date

Quarterly Data

BEA…………………GDP…………..……Fri, 25th

BLS………….Productivity……………Thu, 3rd

Monthly Data

ISM..Purchasing managers’ index…Tue, 1st

BLS…………….Employment………… Fri, 4th

BEA..New-vehicle sales.(Approximate).Mon, 7th

Fed…...Consumer credit..(Approximate).Mon, 7th
BLS…………….Producer prices……. Wed, 16th
Census……………...Inventories…….. Tue, 15th
BLS…………….Consumer prices.….. Thu, 17th
Fed………..Industrial production…….Wed, 16th
Fed……….Capacity utilization……….Wed, 16th
Census…….……..Housing starts…….Wed, 16th
Conf Bd……….Leading indicators….Thu, 17th

NAR………Existing-home sales….Wed, 23rd
Conf Bd….Consumer confidence….. Tue, 22nd

Census………..New-home sales……...Thu, 24th
Census……….Capital goods……….. Thu, 24th

* BEA = Bureau of Economic Analysis of the U.S. Department of Commerce
* BLS = Bureau of Labor Statistics of the U.S. Department of Labor
* Census = U.S. Bureau of the Census
* Conf Bd = Conference Board
* Fed = Federal Reserve System
* ISM = Institute for Supply Management
* NAR = National Association of Realtors

© 2011 Michael B. Lehmann