The Economic Week Ahead: January 2–5

We made it through another year of living dangerously: 2024 is here! The first week of the new year is unlikely to bring any surprises on the economic front. Most of the indicators will provide insights into the labor market and consumer spending on autos and houses:

(1) November's JOLTS report (Tue) should confirm that there are still more job openings than unemployed workers. We know that from December's upbeat "jobs plentiful" data included in the consumer confident survey (chart).