Economic Calendar: July 5-9

Time
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Actual Forecast Previous
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Monday, July 5
The markets are closed in observance of Independence Day.
Tuesday, July 6
10 a.m. ISM Services - Non-Manufacturing for June Institute for Supply Management 59.9 63.0 63.0 65.2
Wednesday, July 7
7 a.m. Mortgage Applications Survey for the week ended July 2 -- Market Composite Index Mortgage Bankers Association 687.0 n.a. 575.0 575.0
Purchase Index 500.9 n.a. 435.4 435.4
9 a.m. ICSC-UBS Weekly Chain Store Sales Snapshot for the week ended July 3 International Council of Shopping Centers and UBS +0.9% n.a. -1.2% -1.2%
9 a.m. Johnson Redbook Retail Sales Index for the week ended July 3, vs. May Redbook Research +3.3% n.a. +0.1% +0.1%*
11 a.m. Consumer Comfort Index for the week ended July 2 Money Magazine and ABC News -8 n.a. -11 -11
1:30 p.m. Treasury refunding Bureau of the Public Debt The Treasury announces the results of its five-year note auction, at which $15 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, July 8
8:30 a.m. Initial Jobless Claims for the week ended July 3 Labor Department +310,000 +345,000 +349,000 +351,000
Four-week average +336,000 n.a. +346,000 +347,000
1:30 p.m. TIPS auction Bureau of the Public Debt The Treasury announces the results of its auction of 10-year Treasury Inflation-Protected Securities, or TIPS, at which $10 billion of securities will be sold, with bids due at 1 p.m.
Friday, July 9
10:30 a.m. Weekly Leading Index for the week ended July 2 Economic Cycle Research Institute +2.7% n.a. +2.3% +2.2%
P-Preliminary forecast
*Month through previous Saturday, vs. prior month
Expectations as reported by Reuters
Last week's calendar

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