May rise in U.S. consumer spending is 2022’s smallest

0
18
MONDAY, JUNE 27 8:30 am Durable goods orders May 0.7% 0.2% 0.4% 8:30 am Core capital goods orders May 0.5% — 0.3% 10 am Pending home sales index May 0.7% -4.0% -4.0% TUESDAY, JUNE 28 8 am Richmond Fed President Tom Barkin speaks 8:30 am Trade in goods (advance) May -$104.3 billion — -$106.7 billion 9 am S&P Case-Shiller U.S. home price index (year-over-year) April 20.4% — 20.6% 10 am Consumer confidence index June 98.7 100.0 103.2 12:30 pm San Francisco Fed President Mary Daly speaks WEDNESDAY, JUNE 29 8:30 am Gross domestic product revision (SAAR) Q1 -1.6% -1.5% -1.5% 8:30 am Final domestic demand revision (SAAR) Q1 2.0% — 2.7% 8:30 am Gross domestic income revision (SAAR) Q1 1.8% — 2.1% 9 am Federal Reserve Chair Jerome Powell, ECB President Christine Lagarde, Bank of England President Andrew Bailey and BIS head Augustin Carstens speak at ECB conference 11:30 am Cleveland Fed President Loretta Mester speaks at ECB conference 1:05 pm St. Louis Fed President James Bullard gives opening remarks THURSDAY, JUNE 30 8:30 am PCE inflation (monthly) May 0.6% — 0.2% 8:30 am Core PCE inflation (monthly) May 0.3% 0.4% 0.3% 8:30 am PCE inflation (year-over-year) May 6.3% — 6.3% 8:30 am Core PCE inflation (year-over-year) May 4.7% 4.8% 4.9% 8:30 am Real disposable income May -0.1% — 0.2% 8:30 am Real consumer spending May -0.4% — 0.3% 8:30 am Nominal personal income May 0.5% 0.4% 0.5% 8:30 am Nominal consumer spending May 0.2% 0.4% 0.6% 8:30 am Initial jobless claims June 25 231,000 230,000 233,000 8:30 am Continuing jobless claims June 18 1.33 million — 1.33 million 9:45 am Chicago PMI June 56.0 58.0 60.3 FRIDAY, JULY 1 9:45 am S&P Global U.S. manufacturing PMI (final) June 52.0 52.4 10 am ISM manufacturing index June 54.3% 56.1% 10 am Construction spending May 0.3% 0.2%

This article was originally published by Marketwatch.com. Read the original article here.

Previous articleFacebook’s Meta warns of engineer job cuts, sharp downturn ahead: report
Next article: Putin orders Sakhalin Energy to be transferred to a new Russian company, potentially pushing out foreign partners

LEAVE A REPLY

Please enter your comment!
Please enter your name here