Economic Calendar: May 5-9

Time
(EST)
Indicator
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Source
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Actual Forecast Previous
(revised)
Previous
(original)
Monday, May 5
10 a.m. Purchasing Managers' Non-Manufacturing Index for April National Association of Purchasing Management 50.7 50 unchgd. 47.9
Tuesday, May 6
9 a.m. BTM-UBSW Weekly Chain Store Sales Index for the week ended May 3 Bank of Tokyo-Mitsubishi and UBS Warburg +2.1% n.a. unchgd. -1.6%
9 a.m. Redbook Retail Average for the month through May 3, vs. April LJR Redbook +2.2% n.a. unchgd. +0.9%*
9 a.m. Federal Open Market Committee meeting Federal Reserve The Fed's monetary policymaking committee holds its 3rd meeting of the year in Washington. Any change in monetary policy will be announced at around 2:10 p.m.
Wednesday, May 7
7 a.m. Mortgage Applications Survey for the week ended May 2 -- Refinancing Index Mortgage Bankers Association 6077.8 n.a. unchgd. 5092
Purchase Index 416 n.a. unchgd. 356
9:30 a.m. Consumer Comfort Index for the week ended May 3 Money Magazine and ABC News -19 n.a. unchgd. -15
1:30 p.m. Treasury refunding Bureau of the Public Debt The Treasury announces the results of its five-year note auction, at which $18 billion of securities will be sold, with bids due at 1 p.m. The auction is the first leg of the quarterly refunding, which continues on Thursday.
Thursday, May 8
8:30 a.m. Initial Jobless Claims for the week ended May 3 Labor Department 425,000 440,000 452,000 448,000
Four-week average 446,000 n.a. 442,750 442,000
1:30 p.m. Treasury refunding Bureau of the Public Debt The Treasury announces the results of its 10-year note auction, at which $18 billion of securities will be sold, with bids due at 1 p.m. The auction is the second leg of the quarterly refunding.
2 p.m. Federal Open Market Committee minutes Federal Reserve The Fed releases the minutes of its monetary policymaking committee's May 6 meeting.
Friday, May 9
No releases.
P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by Reuters
Last week's calendar

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