Breaking Stories

Thursday: Unemployment Claims, ISM Mfg, Construction Spending, Vehicle Sales

by Calculated Risk on 6/30/2021 09:00:00 PM

o At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for a decrease to 400 thousand from 411 thousand last week.

o At 10:00 AM, ISM Manufacturing Index for June. The consensus is for the ISM to be at 61.5, up from 61.2 in May. The employment index was at 50.9% in May, and the new orders index was at 67.0%.

o At 10:00 AM, Construction Spending for May. The consensus is for a 0.4% increase in construction spending.

o Late in the day, Light vehicle sales for June. The consensus is for light vehicle sales to be 17.1 million SAAR in June, up from 17.0 million in May (Seasonally Adjusted Annual Rate). Wards Auto is forecasting sales of 15.8 million SAAR in June.

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