Economic Data Scheduled For Friday

  • Data on durable goods orders for January will be released at 8:30 a.m. ET. Durable goods orders declined 0.7% in December, with analysts expecting a rebound of 0.5% for January.
  • Data on personal income and outlays for January will be released at 8:30 a.m. ET. Personal income is projected to drop 0.3% in January with personal consumption expenditures likely to rebound 1.5%.
  • The University of Michigan's consumer sentiment index for February is scheduled for release at 10:00 a.m. ET. Consumer sentiment index dropped sharply in the preliminary February’s reading to 61.7 and the index is likely to hold at the same level in the final reading for the month.
  • The pending home sales index for January will be released at 10:00 a.m. ET. Analysts expect pending home sales rising 0.8% in January following a 3.8% drop in the previous month.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.

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Check out the full economic calendar here

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