This Week: Job openings, consumer prices, Coca-Cola results




 

A look at some of the key business events and economic indicators coming up this week:

IN A HIRING MOOD

A new Labor Department survey of job openings should provide insight into the health of the U.S. labor market.

The December Job Openings and Labor Turnover survey, or JOLTS, is due out Tuesday. The survey provides figures for overall hiring, as well as the number of quits and layoffs. Job openings fell in November from the previous month, though the number of available positions remained healthy.

JOLTS job openings, in millions, by month:

July 7.1

Aug. 7.3

Sept. 7.0

Oct. 7.1

Nov. 6.9

Dec. 7.0 (est.)

Source: FactSet

CONSUMER PRICE WATCH

Economists expect that U.S. consumer prices rose last month at a slower pace than in December.

That would represent the third straight monthly decline. The consumer price index rose just 1.9 percent in December from a year earlier, the first drop below 2 percent since August 2017. The Labor Department issues its snapshot of January consumer prices on Wednesday.

Consumer price index, annual percent change, not seasonally adjusted:

Aug. 2.7

Sept. 2.3

Oct. 2.5

Nov. 2.2

Dec. 1.9

Jan. (est.) 1.5

Source: FactSet

MIXED RESULTS?

Coca-Cola serves up its latest quarterly report card Thursday.

Wall Street expects the beverage giant's earnings increased in the fourth quarter of 2018 versus a year earlier, even as revenue declined. Coca-Cola's revenue declined for much of last year partly because the company has been returning ownership of the low-margin business of bottling to local partners.

COMMENTS

More Related News

U.S. leading economic indicators fall in January, some components estimated
U.S. leading economic indicators fall in January, some components estimated

The index of U.S. leading economic indicators declined 0.1 percent in January, the Conference Board said on Thursday, but it advised that some of the components of the index were estimated due to the government shutdown. "Due to the recent government shutdown, data for three U.S. LEI components - manufacturers' new orders for consumer goods and materials, manufacturers' new orders for nondefense capital goods excluding aircraft and building permits - were not available for several of the recent months," the Conference Board said in its release. A number of economic data releases have been delayed due to the five-week government shutdown which ended on Jan. 25.

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