Date
GMT+01:00
Event Previous Forecast Actual
Jul, 01 15:00
Construction Spending
Construction Spending
Country:
Date: Jul, 01 15:00
Importance: Low
Previous: -0.4%
Forecast: -0.2%
Actual: -
Period: May

Construction Spending gauges the level of construction activity in the United States . The Construction Spending report looks at both residential and non-residential construction. The construction industry makes a significant contribution to the United States GDP in the form of investment expenditure as well as stimulus of industries related to building. Furthermore, since builders are unlikely to pour money into construction projects unless they feel the economy favors their investment, changes in business sentiment like this are usually quickly seen in construction figures. However, the report has little significance for market participants because of its untimely release. By the time the report is announced, other reports, such as Building Permits and Building Starts have already provided similar information.

The report headline is the percentage change from the previous month.

Technical notes: The construction industry is a major force to the United States economy, even without including non-construction businesses that are tied to building, such as finance, the furnishing industry, appliance industry and other manufacturing. Private Construction activity can be an effective indicator of business confidence.

-0.4% -0.2% -
Jul, 02 00:50
Monetary Base
Monetary Base
Country:
Date: Jul, 02 00:50
Importance: Low
Previous: -3.4%
Forecast: -3.5%
Actual: -
Period: Jun

The monetary base is the volume of money in the economy. It consists of the currency (banknotes and coins) in circulation and the commercial banks reserves in the Central Bank.

-3.4% -3.5% -
Jul, 02 02:30
★★
Retail Sales
Retail Sales
Country:
Date: Jul, 02 02:30
Importance: Medium
Previous: -0.1%
Forecast: 0.3%
Actual: -
Period: May

Gauge for goods sold at retail outlets in the past month. Retail Sales is a leading indicator for the economy. Rising consumer spending fuels economic growth, confirms signals from consumer confidence, and may spark inflationary pressures.

The headline figure is expressed as the percentage change from the same month last year.

-0.1% 0.3% -
Jul, 02 02:30
Building Approvals
Building Approvals
Country:
Date: Jul, 02 02:30
Importance: Low
Previous: -5.7%; 7.6%
Forecast: -5.0%
Actual: -
Period: May

The number of domestic building permits granted for the month. Strong growth in new approvals and permits indicates a growing housing market. Because real estate generally leads economic developments - housing tends to thrive at the start of booms and wane at the onset of recession. The figure can be used with others to forecast future growth in the economy as a whole. For this reason Business Approvals is one of eight components used to construct the Conference Board Leading Index, a widely used index to forecast Australia's economic course. A strong housing market also tends to lead consumer spending. The headline number is the seasonally adjusted percentage change in new building approvals from the previous month.

-5.7%; 7.6% -5.0% -
Jul, 02 08:00
Unemployment Change
Unemployment Change
Country:
Date: Jul, 02 08:00
Importance: Low
Previous: -57.8K
Forecast: -
Actual: -
Period: Jun

The indicator shows the number of unemployed people in Spain.

-57.8K - -