The Week Ahead, June 3-7
The U.S. jobs report, out on Friday, will be a closely watched economic indicator. (April 26, 2013) Credit: Getty Images
KEY EVENT: Heating up. The first week of June is loaded with a slew of data that could forecast the direction of the economy throughout the summer and beyond, with Friday's jobs report being the most closely watched. The previous jobs report showed the U.S. unemployment rate at a four-year low.
MONDAY: Separate manufacturing indexes from the Institute for Supply Management and Markit Economics, both for May. Also, April construction spending from the Commerce Department. Earnings: Melville security software maker Verint Systems.
TUESDAY: Auto manufacturers post car sales for May. Also, April international trade from the Commerce Department.
WEDNESDAY: Payroll-processor ADP posts private-sector jobs created in May. Also, the Federal Reserve releases the Beige Book, a compilation of anecdotal economic information that hasn't made its way into official data yet. And April factory orders from the Commerce Department and the May services sector index from the Institute for Supply Management.
THURSDAY: Claims for jobless benefits for the week ended June 1 from the Labor Department. Earnings: Melville satellite communications provider Comtech Telecommunications, jam maker J.M. Smucker.
FRIDAY:Jobs created and unemployment in May from the Labor Department.
Weekend weather outlook ... Gary Sinise partners with LI school ... Adult Happy Meals
Weekend weather outlook ... Gary Sinise partners with LI school ... Adult Happy Meals
