Economic Calendar: May 28- June 1

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, May 28 No releases due to Memorial Day. Tuesday, May 29 10 a.m. Consumer Confidence Index for May Conference Board 108.0 104.5 106.3 104.0 Wednesday, May 30 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended May 26 International Council of Shopping Centers and UBS 0.0% n.a. -1.5% -1.5% 9 a.m. Johnson Redbook Retail Sales Index for the week ended May 26, vs. April Redbook Research +2.4% n.a. +2.2% +2.2%* 9 a.m. Mortgage Applications Survey for the week ended May 25 -- Market Composite Index Mortgage Bankers Association 636.4 n.a. 686.2 686.2 Purchase Index 427 n.a. 438.1 438.1 9 a.m. Consumer Comfort Index for the week ended May 27 ABC News and Washington Post -13 n.a. -9 -9 2 p.m. Federal Open Market Committee minutes Federal Reserve The Fed releases the minutes of its monetary policymaking committee's May 9 meeting. Thursday, May 31 8:30 a.m. Gross domestic product for Q1 -- preliminary Commerce Department +0.6% +0.8% see Actual +1.3% (Q1 - advance) -- +2.5% (Q4) Implicit price deflator +4.0% n.a. see Actual +4.0% (Q1 - advance) -- +1.6% (Q4) 8:30 a.m. Initial Jobless Claims for the week ended May 26 Labor Department +310,000 +315,000 +314,000 +311,000 Four-week average +305,000 n.a. +304,000 +303,000 9: 45 a.m. Chicago Purchasing Managers' Index for May National Association of Purchasing Management -- Chicago 61.7 54.0 52.9 52.9 10 a.m. Construction spending for April Census Bureau +0.1% +0.1% +0.6% +0.2% 10 a.m. Help-Wanted Index for April Conference Board 29 31 30 30 Friday, June 1 8:30 a.m. Nonfarm payrolls for May Labor Department +157,000 +135,000 +80,000 +88,000 Average hourly earnings +0.3% +0.3% +0.3% +0.2% Unemployment rate unchgd. +4.5% +4.5% +4.5% Augmented unemployment rate unchgd. n.a. +7.4% +7.4% Pool of available workers unchgd. n.a. 12M 12M 8:30 a.m. Personal income for April Commerce Department -0.1% +0.3% +0.8% +0.7% Consumption +0.5% +0.4% +0.4% +0.3% 10 a.m. ISM Index - Manufacturing for May Institute for Supply Management 55.0 54.0 54.7 54.7 10 a.m. Consumer Sentiment Index for May -- final University of Michigan 88.3 88.0 see actual 88.7 (May prelim.) -- 87.1 (April) 10:30 a.m. Weekly Leading Index for the week ended May 25 Economic Cycle Research Institute +6.3% n.a. +6.4% +6.4%

P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by Reuters

Last week's calendar

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