The key report scheduled for this week is the May employment report.
Other key reports include the March Case-Shiller house prices, May ISM Manufacturing and May Vehicle Sales.
—– Monday, May 29th —–
All US markets will be closed in observance of Memorial Day.
This graph shows the year-over-year change in the seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).
9:00 AM: FHFA House Price Index for March 2022. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: Dallas Fed Survey of Manufacturing Activity for May.
—– Wednesday, May 31st —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
9:45 AM: Chicago Purchasing Managers Index for May.
This graph shows job openings (black line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.
Jobs openings decreased in March to 9.6 million from 10.0 million in February. The number of job openings (black) were down 20% year-over-year.
2:00 PM: the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.
—– Thursday, June 1st —–
8:15 AM: The ADP Employment Report for May. This report is for private payrolls only (no government). The consensus is for 160,000 payroll jobs added in May, down from 296,000 in April.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 234 thousand initial claims, up from 229 thousand last week.
10:00 AM: ISM Manufacturing Index for May. The consensus is for the ISM to be at 47.0, down from 47.1 in April.
10:00 AM: Construction Spending for April. The consensus is for a 0.2% increase in construction spending.
There were 253,000 jobs added in April, and the unemployment rate was at 3.4%.
This graph shows the jobs added per month since January 2021.