Economic Events on February 2, 2011

The Mortgage Bankers’ Association purchase index was released at 7:00 AM EST, and there was a week to week increase of 9.5% in the Purchase Index and a week to week increase of 11.7% in the Refinance Index.

The Challenger Job-Cut Report will be released at 7:30 AM EST, providing an estimate of the number of layoffs in January.

At 8:15 AM EST, the ADP Employment Report will be released.  Investors will be watching this number to get advance notice on the state of the job market in advance of the government’s report on Friday.

At 10:30 AM EST, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

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1 comment to Economic Events on February 2, 2011

  • Randall Baum

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