Next week marks the arrival of significant updates in the business sector, along with crucial economic indicators that investors and the public will be keeping a close watch on.

Firstly, the Commerce Department is set to release figures on Wednesday detailing the number of new housing units, both apartments and single-family homes, that were started in January. In December, the data revealed a sizable increase in housing starts, soaring to nearly 1.5 million, a 16% rise from November’s lower figure of 1.3 million. However, it’s important to note that despite this uptick, December’s numbers were down by approximately 4.4% compared to the same month last year.

The recent statistics for housing starts, adjusted for seasonal variations, illustrate the following trends: in August, there were 1,379,000 starts; September showed 1,355,000; October had 1,344,000; November reported 1,294,000; while December surged to 1,499,000, with January’s estimated figure projecting around 1,390,000, as compiled by FactSet.

Additionally, the Federal Reserve will share the minutes from its latest policy meeting, also on Wednesday. During this meeting held in late January, the central bank opted to maintain its benchmark interest rate—marking the first hold since the previous summer. Originally, Fed officials predicted they might implement up to four rate cuts this year; however, this forecast has now been revised down to two. Factors contributing to this shift include a robust labor market, persistent inflation, and an uncertain economic landscape shaped by the policies of the previous administration, notably regarding tariffs.

Finally, on Thursday, Walmart, the largest retailer in the United States, will announce its latest financial performance, which encompasses results from the all-important holiday shopping season. Following a successful quarter preceding the holidays, analysts on Wall Street are projecting Walmart will achieve fourth-quarter earnings of 65 cents per share, with total sales anticipated to reach around $180 billion. Recently, Walmart has experienced a surge in sales, largely as inflation-driven consumers seek out more affordable options. Consequently, the company’s shares have seen an impressive rise of 85% over the last year.