Schedule for Week of July 5, 2020

This will be a light week for economic data.

The focus will be on Job Openings and Weekly unemployment claims.

—– Monday, July 6th —–


10:00 AM: the ISM non-Manufacturing Index for June.   The consensus is for a reading of 50.0, up from 45.4.

—– Tuesday, July 7th —–


Job Openings and Labor Turnover Survey10:00 AM ET: Job Openings and Labor Turnover Survey for May from the BLS.

This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.

Jobs openings decreased in April to 5.046 million from 6.011 million in March.

The number of job openings (yellow) were down 31% year-over-year, and Quits were down 49% year-over-year.

10:00 AM: Corelogic House Price index for May.

—– Wednesday, July 8th —–


7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

3:00 PM: Consumer Credit from the Federal Reserve.

—– Thursday, July 9th —–


8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for a 1.400 million initial claims, down from 1.427 million the previous week.

—– Friday, July 10th —–


8:30 AM: The Producer Price Index for May from the BLS. The consensus is for a 0.4% increase in PPI, and a 0.1% increase in core PPI.

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