The Economic Week Ahead……..

Monday 28 

All U.S. Banks and markets are closed for Memorial Day!

Tuesday 29 

The Conference Board, a private consumer group, releases its consumer confidence index for May.

Wednesday 30 

The Federal Open Market Committee(FOMC), the policy making arm of the Federal Reserve, releases May 9th meeting minutes.

Mortgage Bankers Association releases weekly refinance index.

Condoleeza Rice, US Secretary of State, attends G8 meeting of foreign ministers in Germany

Thursday 31 

Commerce Department provides an updated look at growth in gross domestic product. The April reading showed seasonally adjusted growth at a 1.3% annual rate-the weakest in 4 years!

The National Association of Purchasing Management-Chicago Business Barometer, known as the PMI will be released.  The PMI can be a very good indicator of national conditions.

Weekly Jobless Claims 

Kansas City Fed issues results of manufacturing survey.

Fitch Ratings hosts its 2007 annual housing conference, which includes information on home builders, real estate investment trusts(REITs), commercial and residential mortgage backed securities.

Friday 1 

They are calling it “quadruple witching”……..

May jobs report

Data on consumer spending

Institute of Supply Management’s latest readings(manufacturing is expected to rise)

Personal consumption core price index

NAR will release pending home sales in April

Hold on folks, busy week ahead!

This entry was posted on 27. May 2007 at 21:03 and is filed under Economic Market Reports, Blogroll. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response or trackback from your own site.

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