Business events scheduled for the coming week
Monday, March 3
WASHINGTON — The Commerce Department releases personal income and spending for January, 8:30 a.m. Eastern; Institute for Supply Management releases its manufacturing index for February, 10 a.m.; Commerce Department releases construction spending for January, 10 a.m.; House Energy and Commerce subcommittee hearing on proposed changes to generic drug labeling.
DETROIT — Automakers release vehicle sales for February.
TUESDAY, March 4
WASHINGTON — President Barack Obama is expected to release his 2015 budget.; Senate Banking, House and Urban Affairs Committee hearing on the nomination of Stanley Fischer to be vice chairman of the Federal Reserve.
GENEVA — European automakers unveil the latest models at the Geneva Motor Show that opens to media on Tuesday, reflecting trends that in recent years have catered to cost-conscious buyers and reflected environmental concerns, the economic downturn and European austerity measures.
WEDNESDAY, March 5
WASHINGTON — Institute for Supply Management releases its service sector index for February, 10 a.m.; Federal Reserve releases Beige Book, 2 p.m.; Treasury Secretary Jacob Lew testifies about the president's budget proposal before the Senate Finance Committee.; House Financial Services subcommittee hearing on data security and Americans' financial information.
FRANKFURT, Germany — Sports gear maker Adidas AG reports fourth-quarter and full-year earnings figures.
GENEVA — The International Organization of Motor Vehicle Manufacturers issues global auto production figures for 2013, including expectations for final production numbers for all types of automobiles.
THURSDAY, March 6
WASHINGTON — Labor Department releases weekly jobless claims, 8:30 a.m.; Labor Department releases fourth-quarter productivity data, 8:30 a.m.; Freddie Mac, the mortgage company, releases weekly mortgage rates, 10 a.m.; Commerce Department releases factory orders for January, 10 a.m.; Senate Commerce, Science and Transportation subcommittee hearing on railroad safety.
NEW YORK — Several chain retailers release February sales comparisons.
FRANKFURT, Germany — European Central Bank's governing council meets to set monetary policy for the eurozone.
BERLIN — Germany's Economy Ministry releases January industrial orders figures for Europe's biggest economy.
FRANKFURT, Germany — Telecommunications company Deutsche Telekom AG reports fourth-quarter and full-year earnings.
Kroger reports quarterly financial results before the market opens.
H&R Block reports quarterly financial results after the market closes.
FRIDAY, March 7
WASHINGTON — Labor Department releases employment data for February, 8:30 a.m.; Commerce Department releases international trade data for January, 8:30 a.m.; Federal Reserve releases consumer credit data for January, 3 p.m.
BERLIN — Germany's Economy Ministry releases January industrial production figures for Europe's biggest economy.