Magazine

The Week Ahead


VEHICLE SALES

Tuesday, July 1 -- Sales of U.S.-made and imported cars and light trucks during June probably rose to an annual pace of 16.5 million.

PURCHASING MANAGERS' INDEX

Tuesday, July 1, 10 a.m. EDT -- The Institute for Supply Management's industrial-activity index for June is forecast to have improved to 50.5%, from 49.4% in May. That's according to the median forecast of economists surveyed by MMS International.

CONSTRUCTION SPENDING

Tuesday, July 1, 10 a.m. EDT -- Building outlays most likely increased by 0.3% in May, reversing a 0.3% fall posted in April.

FACTORY INVENTORIES

Wednesday, July 2, 8:30 a.m. EDT -- Manufacturing inventories most likely fell by 0.1% in May, the same decline posted in April.

EMPLOYMENT

Thursday, July 3, 8:30 a.m. EDT -- Nonfarm payrolls in June are expected to have remained unchanged, while manufacturers probably shed another 30,000 jobs. In May, payrolls were pared by 17,000 positions, while factories cut another 53,000 jobs. The unemployment rate most likely ticked up to 6.2% and the average workweek probably inched up to 33.8 hours.


The Good Business Issue
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