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:
Dec. 7.0 (est.)
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:
Jan. (est.) 1.5
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.