The Economic Week Ahead…….

1. July 2007 by Ana Connell.

Monday  2

3 Month & 6 Month Bill Auction

ISM Manufacturirng Index Consensus-55.0

Tuesday3

ICSC-USB Store Sales  Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales.  Is considered to be one of the most timely indicators of consumer spending.Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales.  This measure tracks weekly sales from discounters, chain and department stores.

Factory Orders Consensus - -1.2

Pending Homes Index-The National Association of Realtors developed the pending home sales index as a leading indicator of housing activity. As such, it is a leading indicator of existing home sales, not new home sales. A pending sale is one in which a contract was signed, but not yet closed. It usually takes four to six weeks to close a contracted sale.

Motor Vehicle Sales Consensus 12.4 M

Wednesday 4
US Holiday Independence Day!

Thursday 5 

Monster Employment Index

Challenger Job Cut Report

BOE Announcement

MBA Purchase Applications

ADP Employment Report

ECB Announcement

Jobless Claims Unemployment claims. Consensus 315K

ISM Non Manufacturing Survey 57.5
EIA  Petroleum Status Report

Money SupplyFriday 6

Employment Situation-

Nonfarm Payrolls - M/M change Consensus 125,000 Consensus Range 85,000  to  150,000		Unemployment Rate - Level Consensus 4.5% Consensus Range 4.4%  to  4.6%
Average Hourly Earnings - M/M change
Consensus	0.3%
Consensus Range	0.2%  to  0.3%

EIA Natural Gas Report

Treasury Strips

There you have it!  Have a great week everyone!

For your Burbank Real Estate needs please visit my website at anaconnell.com!

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