Business week ahead, Feb. 1-5
Farmingdale-based Misonix is among those companies reporting earnings this week. Credit: Steve Pfost
KEY EVENT: The Labor Department on Friday releases jobs created or lost and the unemployment rate in January. The previous report, for December, showed the nation lost 140,000 jobs, a discouraging setback after seven straight months of job growth following a record number of jobs lost in April.
MONDAY: The Institute for Supply Management releases its January manufacturing report. Also, construction spending in December from the Commerce Department.
TUESDAY: Automakers release car and truck sales for January. Earnings: Lake Success investor documents provider Broadridge Financial Solutions, Google parent Alphabet, Amazon, Chipotle Mexican Grill, Exxon Mobil, Harley-Davidson, Pfizer, UPS.
WEDNESDAY: Private-sector jobs created or lost in January as estimated by payrolls processor ADP. Also, the Institute for Supply Management releases the January services-sector report, an update on nonmanufacturing businesses such as food services, hospitality and retailers. Earnings: Humana, Qualcomm.
THURSDAY: Jobless benefits claims for the week ended Jan. 30 from the Labor Department. Earnings: Port Washington shopping centers owner Cedar Realty Trust, Farmingdale medical device maker Misonix, Ford, Hershey, Merck, Snapchat owner Snap, Pizza Hut owner Yum Brands.
FRIDAY: In addition to the change in monthly jobs and the unemployment rate, the Labor Department releases workers’ average wages in January. Earnings: Estee Lauder.
Out East Show: Visit The Shamrock evergreen maze, Sannino Vineyard, Seven Ponds Orchard and the Warrior Ranch Foundation NewsdayTV's Doug Geed is heading 'Out East' to showcase the ultimate local spots you need to explore.
Out East Show: Visit The Shamrock evergreen maze, Sannino Vineyard, Seven Ponds Orchard and the Warrior Ranch Foundation NewsdayTV's Doug Geed is heading 'Out East' to showcase the ultimate local spots you need to explore.
