Breaking Stories

Tuesday: ISM Manufacturing, Construction Spending, Vehicle Sales

Tuesday:
• At 8:00 AM ET, Corelogic House Price index for April.

• At 10:00 AM, ISM Manufacturing Index for May. The consensus is for the ISM to be at 61.0, up from 60.7 in April. The employment index was at 55.1% in April, and the new orders index was at 64.3%.

• Also at 10:00 AM, Construction Spending for April. The consensus is for a 0.6% increase in construction spending.

• At 10:30 AM, Dallas Fed Survey of Manufacturing Activity for May. This is the last of the regional surveys for May.

• All day, Light vehicle sales for May. The consensus is for light vehicle sales to be 18.0 million SAAR in May, down from 18.5 million in April (Seasonally Adjusted Annual Rate). Wards Auto is forecasting a decline in sales to 16.5 million SAAR.

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