Schedule for Week of June 1, 2025

by Calculated risk 5/31/2025 08:11:00 AM

The main report scheduled for this week is the May Employment Report.

Other important reports include ISM manufacturing in May, vehicle sales and trade balances in April.

10am: ISM Manufacturing Index For May. The consensus is that ISM will go from 48.7 in April to 49.2.

10am: Construction expenditure For April. The consensus is that construction spending will increase by 0.4%.

1pm: Speech, Federal Reserve Chairman Jerome Powell, Opening remarksat the 75th anniversary conference of the Federal Reserve Committee’s International Financial Division in Washington, DC

This graph shows job openings (black lines), employment (purple), layoffs, discharges, and more (red columns), and stops (light blue columns) from impact.

The opening of employment in March fell from 748 million in February to 7.19 million. The number of job openings (black) fell 11% from the previous year.

His resignation remained the same year.

slow: Light vehicle sales For May.

The consensus is that light vehicle sales in May will reach 16.4 million SAAR from 17.3 million (seasonally adjusted annual) in April.

This graph shows the sale of lightweight vehicles since BEA began maintaining data in 1967. The dashed line shows sales rates for last month.
—- Wednesday, June 4th—-

7am ET: The Mortgage Bankers Association (MBA) Home Loan Purchase Application Index.

8:15am: ADP Employment Report For May. This report covers private salaries only (no government). The consensus concerns 120,000 salary employment added in May, up from 62,000 in April.

10am: ISM Service Index For May. The consensus is a read between 51.6 and 52.0.

—- Thursday, June 5th—–

8:30am: Trade Balance Report April from the Census Bureau.

This graph shows the US trade deficit with or without oil.

The blue line is the total deficit, the black line is the surplus of oil, and the red line is the original capillary product of the trade deficit.

The consensus is that the trade deficit will reach $117.3 billion. The US trade deficit was $140.5 billion in March.

8:30am: First weekly unemployment claim The report will be released. The consensus comes against the initial claims of 230,000, down from last week’s 240,000.

—- Friday, June 6th—-

8:30am: Employment Report For May. The consensus is that 130,000 jobs will be added and the unemployment rate will not change at 4.2%.

In April, 177,000 jobs were added, with the unemployment rate at 4.2%.

This graph shows jobs added monthly since January 2021.