The Week Ahead, June 30-July 4
KEY EVENT: Engines of growth. The auto industry has been one of the hottest sectors of the economy, with motor vehicle sales in May posting their strongest annual sales rate in more than seven years. Were dealers' lots crowded as spring ended? Answers come Tuesday when automakers release June car and truck sales.
MONDAY: Pending home sales for May from the National Association of Realtors.
TUESDAY: An update on the nation's manufacturing sector in June from the Institute for Supply Management. Also May construction spending from the Commerce Department.
WEDNESDAY: Federal Reserve Chair Janet Yellen discusses monetary policies at an International Monetary Fund conference. Also May factory orders from the Commerce Department, and payroll processor ADP releases its estimates on private-sector jobs created in June.
THURSDAY: Unemployment and jobs created in June from the Labor Department. Also the Labor Department posts jobless benefits claims for the week ended June 28, and the Institute for Supply Management releases its June services sector index, a look at nonmanufacturing businesses such as retailing and restaurants. And the stock market closes early in advance of the long holiday weekend.
FRIDAY: U.S. financial markets closed for the July 4 holiday.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
Get ready for sun and fun with NewsdayTV's summer FunBook special! From celebrating America's 250th birthday to a new ride at Adventureland, NewsdayTV's Elisa DiStefano and Newsday lifestyle editor Meghan Giannotta have your inside look at Newsday's summer FunBook.
