US Economic Data Release Wave That Posts Market Momentum This Week

Several key U.S. economic indicators will release important figures in the coming days. This week’s economic calendar features highly anticipated data releases by analysts and global investors. We will see a series of publications covering manufacturing surveys, employment reports, and consumer sentiment measurements.

Manufacturing and Services Indicators Kick Off the Week

Monday will open the series of releases with the ISM Manufacturing PMI for January. This data provides insights into manufacturing activity and is useful for gauging overall economic health. It will be followed on Wednesday by the S&P Global Final Composite PMI and the ISM Services PMI for January, forming a comprehensive picture of the industrial and service sector conditions.

Employment Reports and Labor Market Draw Attention

Tuesday will feature the JOLTS Job Openings and Quits data for December, signaling labor market dynamics. Wednesday includes the ADP Employment Change report for January, while Thursday will bring the always-important unemployment claims data. The peak will be on Friday with the Non-Farm Payrolls for January, one of the most anticipated reports on the global economic calendar. This data will be accompanied by the January Unemployment Rate and Average Hourly Earnings, providing a comprehensive measure of the U.S. labor market health.

Consumer Sentiment Index Closes the Week

Friday will also see the release of the Michigan Consumer Sentiment Index, which measures consumer optimism about current economic conditions and future prospects. The three indicators at the end of this week—wages, unemployment, and consumer sentiment—will form a strong narrative about the direction of the U.S. economy, potentially influencing investment decisions and monetary policy in the upcoming period.