Date
GMT+01:00
Event Previous Forecast Actual
Jun, 03 09:30
Composite PMI
Composite PMI
Country:
Date: Jun, 03 09:30
Importance: Low
Previous: 48.5
Forecast: 48.5
Actual: -
Period: May
An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.
48.5 48.5 -
Jun, 03 10:00
PPI
PPI
Country:
Date: Jun, 03 10:00
Importance: Low
Previous: 3.4%; 2.1%
Forecast: 0.5%
Actual: -
Period: Apr

Measures changes in the selling prices producers charge for goods and services, and well as tracks how prices feed through the production process. Because producers tend to pass on higher costs to consumers as higher retail prices, the PPI is valuable as an early indicator of inflation. Simply put, inflation reflects a decline in the purchasing power of the Dollar, where each dollar buys fewer goods and services. The report also gives insight into how higher prices from raw materials flow toward the final product.

A rise in PPI signals an increase in inflationary pressures. Given the economic instability associated with rising price levels, the Fed often will raise interest rates to check inflation. A low or falling PPI is indicative of declining prices, and may suggest an economic slowdown.

The headline figure is expressed in percentage change of producer price.

Notes: The PPI records prices at various stages of production: raw goods, intermediate goods and finished goods. Though intermediate and crude goods prices do provide insight for future inflationary pressure, it is the price of finished goods that generates most interest for market participants. The finished goods data is able to gauge price pressure before the goods reach the retail market.

3.4%; 2.1% 0.5% -
Jun, 03 13:15
★★★
ADP Non-Farm Employment Change
ADP Non-Farm Employment Change
Country:
Date: Jun, 03 13:15
Importance: High
Previous: 109K
Forecast: 116K
Actual: -
Period: May

The ADP Non-Farm Employment Change measures the change in the number of newly employed people in the USA, excluding workers in the farming industry.

109K 116K -
Jun, 03 13:30
Labor Productivity
Labor Productivity
Country:
Date: Jun, 03 13:30
Importance: Low
Previous: -0.1%
Forecast: 0.7%
Actual: -
Period: 1 quarter

The average productivity level of Canadian workers. Labour Productivity is calculated by dividing the gross domestic product (GDP) by the number of hours worked, yielding output per hour, which is the key measure of productivity growth. The availability of better technology and higher levels of education among the workforce are factors commonly attributed to increased productivity. Growth in labour productivity is usually seen as a sign of a healthy economy because higher productivity allows higher output for a fixed population. Rising Labour Productivity can also offset inflationary pressures associated with economic growth and spending. Economic expansion attributed to increased Labour Productivity will not result in inflation, meaning that central banks will not need to increase interest rates during times of high growth.

The headline figure is the percentage change in output per hour.

-0.1% 0.7% -
Jun, 03 14:45
Final Services PMI
Final Services PMI
Country:
Date: Jun, 03 14:45
Importance: Low
Previous: 50.9
Forecast: 50.9
Actual: -
Period: May
It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy. Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact.
50.9 50.9 -