Economy Week Ahead: U.S. Job Market and Trade in Focus

Fed Chair Jerome Powell is due to testify before Congress on monetary policy

This week the Labor Department releases January data on job openings, quits and layoffs.Photo: KAMIL KRZACZYNSKI/REUTERS

Monday

The Commerce Department releases January figures on factory orders, shipments and inventories. Orders for manufactured goods rose 1.8% in December from the prior month, after a sharp drop in November.

Tuesday

Federal Reserve Chairman Jerome Powell testifies before the U.S. Senate Committee on Banking, Housing, and Urban Affairs on the central bank’s monetary policy.

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