Economic Events on March 10, 2011

At 8:30 AM EST, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 385,000 new jobless claims last week, which would would be 17,000 more than the number released last week.

Also at 8:30 AM EST, the International Trade report for January will be released.  The consensus is a deficit of $41.0 billion, which would be $0.4 billion more than December.

At 10:00 AM EST, the Quarterly Services Survey will be released, showing the status of the information and technology-related service industries.

At 10:30 AM EST, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.

At 2:00 PM EST, the Treasury budget for February will be released.  The consensus is a deficit of $60 billion, which is larger than the historical average, and about $17.4 billion more than last February .

At 4:30 PM EST, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.

Also at 4:30 PM EST, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or removing reserves.

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