Lowe’s Companies, Inc.

summary

The labor market is still in good health. The Bls Statistics Office (BLS) stated this morning that the American economy had achieved 143,000 new jobs in January, without consensus 170,000 and our expectations of 160,000 – but the previous two months have been revised. December salaries were revised by 51,000 to 307,000, and November rose from 49,000 to 261,000. The result of January and the total reviews of the previous average results for a period of three months to 237,000 from 170,000. The unemployment rate in January decreased to 4.0 %, which silence is less than our appreciation and consensus. The number of unemployed persons has not changed, but the unemployment rate was affected by the annual population adjustments in the survey of living families. The average profits per hour increased 17 cents from the month to the month and 4.1 % higher on an annual basis (compared to 3.9 % in December). The average work week has risen to 34.1 hours, which is less than our estimation of 34.2 and corresponds to 34.3. The employment has increased health care, retail and social assistance. Employment showed a little change in construction, manufacturing, wholesale trade, transportation and storage, information, financial activities, professional and commercial services, entertainment and hospitality, and others. The manufacturing sector, which he seen closely added 3000 jobs. After the report, the future contracts have not changed a little and the return on TREA for 10 years