Economic Calendar: May 2-May 6

Time (EST) Indicator (click for definition) Source (click for press release) Actual Forecast Previous (revised) Previous (original) Monday, May 2 10 a.m. Construction spending for March Census Bureau +0.5% +0.3% +0.5% +0.4% 10 a.m. ISM Index - Manufacturing for April Institute for Supply Management 53.3 55.0 55.2 55.2 Tuesday, May 3 9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended April 30 International Council of Shopping Centers and UBS +0.5% n.a. -0.3% -0.3% 9 a.m. Johnson Redbook Retail Sales Index for the week ended April 30, vs. March Redbook Research +1.3% n.a. -3.9% -3.8%* 9 a.m. Federal Open Market Committee meeting Federal Reserve The Fed's monetary policymaking committee holds its third meeting of the year in Washington. Any change in monetary policy will be announced at around 2:10 p.m. 10 a.m. Factory orders for March Census Bureau +0.1% -1.2% -0.5% +0.2% Wednesday, May 4 7 a.m. Mortgage Applications Survey for the week ended April 29 -- Market Composite Index Mortgage Bankers Association 714.1 n.a. 712.4 712.4 Purchase Index 482.5 n.a. 482.0 482.0 10 a.m. ISM Services - Non-Manufacturing for April Institute for Supply Management 61.7 61.0 63.1 63.1 11 a.m. Consumer Comfort Index for the week ended May 1 ABC News and Washington Post -19 n.a. -17 -17 Thursday, May 5 8:30 a.m. Initial Jobless Claims for the week ended April 30 Labor Department +333,000 +323,000 +322,000 +320,000 Four-week average +322,000 n.a. +323,000 +323,000 8:30 a.m. Productivity for Q1 -- preliminary Labor Department +2.6% +1.8% +2.1% +2.1% Unit labor costs +2.2% n.a. +1.7% +1.3% Friday, May 6 8:30 a.m. Nonfarm payrolls for April Labor Department +274,000 +173,000 +146,000 +110,000 Average hourly earnings unchgd. +0.2% +0.3% +0.3% Unemployment rate unchgd. +5.2% +5.2% +5.2% Augmented unemployment rate unchgd. n.a. +8.3% +8.3% Pool of available workers unchgd. n.a. 13M 13M 10:30 a.m. Weekly Leading Index for the week ended April 29 Economic Cycle Research Institute +3.0% n.a. +3.2% +3.2%

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

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