Economic Data

The Empire State manufacturing index for May is scheduled for release at 8:30 a.m. ET. The Empire State index fell sharply in March to negative 11.8, but then surged to 24.6 in April. Analysts are now expecting a reading of 15.0 for May. New York Fed President John Williams is set to speak at 8:55...

Data on import and export prices for April will be released at 8:30 a.m. ET. Import prices are projected to increase 0.6% on the month in April with export prices likely to rise 1.0%. The University of Michigan's consumer sentiment index for May is scheduled for release at 10:00 a.m. ET. The...

Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims declining to 190,000 for the May 7 week from 200,000 in the previous week. The Producer Price Index for April is scheduled for release at 8:30 a.m. ET. After surging past estimates...

The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. The Consumer Price Index for April will be released at 8:30 a.m. ET. Consumer prices are projected to increase a modest 0.2% on the month in April compared to March's 1.2% growth...

The NFIB small business optimism index for April is scheduled for release at 6:00 a.m. ET. The optimism index has fallen short of market estimates in the last three reports. Analysts expect April's reading declining to 92.9 from March's 93.2. New York Fed President John Williams is set to...

Federal Reserve Bank of Atlanta President Raphael Bostic is set to speak at 8:45 a.m. ET. Data on wholesale inventories for March will be released at 10:00 a.m. ET. Analysts expect wholesale inventories rising 2.3% in March. The Treasury will auction 3-and 6-month bills at 11:30 a.m. ET. The...

The Challenger job-cut report for April is scheduled for release at 7:30 a.m. ET. Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims declining to 178,000 for the April 30 week from 180,000 in the previous week. Data on nonfarm...

The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. The ADP national employment report for April will be released at 8:15 a.m. ET. Analysts expect private payrolls increasing 398,000 in April following a 455,000 increase in the...

The Federal Open Market Committee will begin its two-day policy meeting today. Data on factory orders for March will be released at 10:00 a.m. ET. Factory orders are projected to increase 1.1% in March. The Labor Department's JOLTS report for March is scheduled for release at 10:00 a.m. ET....

The final manufacturing PMI for April is scheduled for release at 9:45 a.m. ET. The final manufacturing PMI is expected to decline to 59.4 for April compared to the month's flash reading of 59.7. The ISM manufacturing index for April will be released at 10:00 a.m. ET. After slowing to 57.1 in...

Data on personal income and outlays for March will be released at 8:30 a.m. ET. Analysts expect personal income increasing 0.4% in March with personal consumption expenditures projected to rise 0.6%. The employment cost index for the first quarter is scheduled for release at 8:30 a.m. ET. After 1....

Gross Domestic Product report for the first quarter will be released at 8:30 a.m. ET. Analysts expect Q1 GDP slowing sharply to 1.1% annualized growth from Q4 growth of 6.9%. Data on initial jobless claims for the latest week will be released at 8:30 a.m. ET. Analysts expect jobless claims...

The MBA's index of mortgage application activity for the latest week is scheduled for release at 7:00 a.m. ET. An advance report on U.S. international trade in goods for March will be released at 8:30 a.m. ET. The US goods deficit is projected to decline to $105.0 billion in March after...

Data on durable goods orders for March will be released at 8:30 a.m. ET. Durable goods orders, which dropped 2.1% in February, are expected to increase 1% in March. The S&P Corelogic Case-Shiller home price index for February is scheduled for release at 9:00 a.m. ET. Case-Shiller price index,...