Economic Data Scheduled For Thursday

The Challenger job-cut report for January is scheduled for release at 7:30 a.m. ET.
Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims declining to 250,000 for the January 29 week from 260,000 in the previous week.
Data on nonfarm productivity and unit labor costs for January will be released at 8:30 a.m. ET. Analysts expect nonfarm productivity increasing at a 2.7% annual rate in the fourth quarter following a 5.2% drop in the third quarter. Unit labor costs are projected to rise at a 1.5% rate in the quarter.
US Services Purchasing Managers' Index for January is scheduled for release at 9:45 a.m. ET. The final services PMI for January is likely to hold at the 50.9 flash level in January.
Data on factory orders for December will be released at 10:00 a.m. ET. Analysts expect factory orders dropping 0.2% in December.
The ISM's services index for January is scheduled for release at 10:00 a.m. ET. The ISM’s index is expected to decline to 60 in January from 622 in the previous month.
The Energy Information Administration’s weekly report on natural gas stocks in underground storage is scheduled for release at 10:30 a.m. ET.
The Treasury is set to auction 4-and 8-week bills at 11:30 a.m. ET.