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Posted at 6:30 AM ET, 02/24/2011

Economic agenda: Thursday, Feb. 24, 2011

By Washington Post editors

At 8:30 a.m. -- The Labor Department releases data on weekly unemployment claims.

At 8:30 a.m. -- The Commerce Department releases durable goods for January. Orders for durable goods are expected to show a rise of 3 percent. However, analysts expect orders for non-defense capital goods excluding aircraft, a less volatile measure of trends in business investment, to have fallen 0.9 percent.

At 9:30 a.m. -- The Commodity Futures Trading Commission meets about Dodd-Frank derivative rules.

At 10 a.m. -- The Commerce Department releases new home sales data. The data is expected to show an 8.8 percent decline in the pace of home purchases in January. It's not as bad as it sounds; it would represent only a partial reversal of a 17.5 percent gain in December.

At 10 a.m. -- The Federal Housing Finance Agency is releasing its home-price index, which is expected to be unchanged.

At 11 a.m. -- The Energy Information Administration releases its weekly update on petroleum inventories in the U.S.

At noon -- Congressional Budget Office director Douglas Elmendorf speaks at the National Economists Club about the national economic outlook.

At 1:45 p.m. -- President Obama meets with the President's Council on Jobs and Competitiveness at the White House.

By Washington Post editors  | February 24, 2011; 6:30 AM ET
Categories:  *Economic agenda  | Tags:  CFTC, Elmendorf, FHA, Obama  
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