Date
GMT+01:00
Event
May, 21 13:30
★★
Unemployment Claims
Unemployment Claims
Country:
Date: May, 21 13:30
Importance: Medium
Previous: 211K
Forecast: 210K
Actual: -
Period: May

The indicator shows the number of unemployed people in the USA.

May, 21 13:30
Continuing Claims
Continuing Claims
Country:
Date: May, 21 13:30
Importance: Low
Previous: 1782K
Forecast: 1790K
Actual: -
Period: May

Continuing claims refers to unemployed workers that qualify for benefits under unemployment insurance. In order to be included in continuing claims, the person must have been covered by unemployment insurance and be currently receiving benefits. Data on unemployment claims is published by the Department of Labor on a weekly basis, allowing for frequent updates on the levels of unemployment.

May, 21 13:30
★★
Building Permits
Building Permits
Country:
Date: May, 21 13:30
Importance: Medium
Previous: 1363K; -11.4%
Forecast: 1390K
Actual: -
Period: Apr

The number of new building projects authorized for construction. The figure is widely used as an indicator for developments in the housing market, since receiving a permit to build is the first step in the construction process. Thus growth in Building Permits reflects growth in the construction sector. Also, due to the high outlays needed for construction projects, an increase in Building Permits suggests corporate and consumer optimism. Additionally, because leading indicators for the housing market respond quickly to changes in the business cycle, the Building Permit figure can act as a leading indicator for the economy as a whole.

The headline is the seasonally adjusted percentage change in Building Permits from the previous month.

May, 21 13:30
★★
Housing Starts
Housing Starts
Country:
Date: May, 21 13:30
Importance: Medium
Previous: 1502K; 10.8%
Forecast: 1410K
Actual: -
Period: Apr

Gauges the change in the number of new houses built in the United States. Housing Starts are one of the earliest indicators of the housing market, only trailing Building Permits in timeliness.

Because high outlays are needed to start construction projects, an increase in Housing Starts implies an increase in investment and business optimism. Finally, the Housing Starts figure gives insight into consumer activity, since new home purchases typically require a large investment for consumers. Given such connections to consumer and corporate sentiment, real estate generally leads economic developments. A sharp drop in new home construction is a warning signal of economic slowdown. Conversely, a rebound in the Housing Starts paves the way for economic recovery.

Housing Starts data is differentiated by building types (single family houses, 2 to 4 residence units and 5 or more residence units). The single family housing starts is a more reliable economic indicator than multi family housing starts, as single family house building is driven by demand and consumer confidence, whereas multi family house building is more often motivated by speculative real estate investors. The report headline is expressed in volume of houses built. The figures are in the thousands of units.

May, 21 13:30
★★
Philadelphia Fed Manufacturing Index
Philadelphia Fed Manufacturing Index
Country:
Date: May, 21 13:30
Importance: Medium
Previous: 26.7
Forecast: 17.9
Actual: -
Period: May

It is a survey conducted by the Philadelphia Fed questioning manufacturers in the Third Federal Reserve District on general business conditions. Conducted since 1968, the "Philly Fed" survey is an established report, valued for its timeliness, scope of coverage and tendency to forecast developments in the market moving ISM Manufacturing figure.

Higher Philadelphia Fed Survey figures indicate a positive outlook from manufacturers suggesting increased production. Higher production contributes to economic growth, which is generally bullish for the dollar.

Results are calculated as the difference between percentage of positive and negative scores; zero acts as the centerline point.

May, 21 14:45
★★
ISM Manufacturing
ISM Manufacturing
Country:
Date: May, 21 14:45
Importance: Medium
Previous: 54.5
Forecast: 54.0
Actual: -
Period: May

A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month.ISM Manufacuring assesses the state of US industry by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and trusted economic measure. If the index has a value below 50, due to a decrease in activity, it tends to indicate an economic recession, especially if the trend continues over several months. A value substantially above 50 likely indicates a time of economic growth. The values for the index can be between 0 and 100.

Values over 50 generally indicate an expansion, while values below 50 indicate contraction.

May, 21 14:45
★★
Final Services PMI
Final Services PMI
Country:
Date: May, 21 14:45
Importance: Medium
Previous: 51.0
Forecast: 51.0
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.
May, 21 14:45
★★
Composite PMI
Composite PMI
Country:
Date: May, 21 14:45
Importance: Medium
Previous: 51.7
Forecast: -
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.
May, 21 15:00
Consumer Confidence
Consumer Confidence
Country:
Date: May, 21 15:00
Importance: Low
Previous: -20.6
Forecast: -21.0
Actual: -
Period: May

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

May, 21 15:30
EIA Natural Gas Storage Change
EIA Natural Gas Storage Change
Country:
Date: May, 21 15:30
Importance: Low
Previous: 85
Forecast: 96
Actual: -
Period: May

Weekly report about natural gas storage change in the USA.

May, 21 23:45
★★
Retail Sales
Retail Sales
Country:
Date: May, 21 23:45
Importance: Medium
Previous: 0.9%; 1.5%
Forecast: 0.6%; 0.9%
Actual: -
Period: 1 quarter
Change in the total value of inflation-adjusted sales at the retail level. It's the primary gauge of consumer spending, which accounts for the majority of overall economic activity.
May, 22 00:01
GfK Consumer Confidence Survey
GfK Consumer Confidence Survey
Country:
Date: May, 22 00:01
Importance: Low
Previous: -25
Forecast: -28
Actual: -
Period: May

Consumer Confidence measures the level of confidence households have in economic performance. Generally rising consumer confidence acts as a precursor to higher consumer expenditures which drive economic expansion. The report also breaks down results into parts of the economy, giving a detailed picture of the consumer climate in Great Britain. GfK Consumer Confidence is one of the most closely watched surveys. The survey results are quantified into index where 0 represents long term Consumer Confidence averages. The headline figure is expressed in percentage change. On a global basis, the indicator is very important for the economy, as it reflects consumers sentiments which formed the major portion of Great Britain GDP. The survey is conducted monthly by GfK, a market research organization, on behalf of the EU commission.

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