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This Week's Major U.S. Economic Reports & Fed Speakers

Time (ET) Report Period Actual Median Forecast Previous
MONDAY, MAY 3
9:45 am Markit manufacturing PMI (final) April 60.5 60.6 60.6
10 am ISM manufacturing index April 60.7% 65.0% 64.7%
10 am Construction spending March 0.2% 1.8% -0.6%
2:10 pm New York Fed President John Williams speaks
2:20 pm Federal Reserve Chair Jerome Powell speaks
3:10 pm Richmond Fed President Tom Barkin speaks
Varies Motor vehicle sales (SAAR) April 18.5 million -- 17.8 million
TUESDAY, MAY 4
8:30 am Trade deficit March -$74.4 billion -$74.8 billion -$70.5 billion
10 am Factory orders March 1.1% 1.3% -0.5%
12:45 pm Dallas Fed President Rob Kaplan interviewed by eLesor
1 pm Fed Presidents Neel Kashkari and Mary Daly speak
1 pm Dallas Fed President Rob Kaplan speaks
WEDNESDAY, MAY 5
8:15 am ADP employment report April 742,000 800,000 565,000
9:30 am Chicago Fed President Charles Evans speaks
9:45 am Markit services PMI (final) April 64.7 63.3 63.1
10 am ISM services index April 62.7% 64.1% 63.7%
11 am Boston Fed President Eric Rosengren speaks
12 noon Cleveland Fed President Loretta Mester speaks
3 pm Boston Fed President Eric Rosengren interviewed by eLesor
3:10 pm Fed Vice Chair Richard Clarida interviewed
THURSDAY, MAY 6
8:30 am Initial jobless claims (regular state program) May 1 498,000 527,000 590,000
8:30 am Continuing jobless claims (regular state program) April 24 3.69 million -- 3.65 million
8:30 am Productivity Q1 5.4% 4.5% -3.8%
8:30 am Unit labor costs Q1 -0.3% -1.0% 5.6%
10 am Dallas Fed President Rob Kaplan speaks at Minsky conference
1 pm Cleveland Fed President Loretta Mester speaks
4 pm Financial Stability Report released by Fed
FRIDAY, MAY 7
8:30 am Nonfarm payrolls April 1.00 million 916,000
8:30 am Unemployment rate April 5.8% 6.0%
8:30 am Average hourly earnings April -0.1% -0.1%
9 am Richmond Fed President Tom Barkin speaks
10 am Wholesale inventories March 1.4% 0.9%
3 pm Consumer credit March $20 billion $28 billion

Next Week's Major U.S. Economic Reports & Fed Speakers

Time (ET) Report Period Actual Median Forecast Previous
MONDAY, MAY 10
None scheduled
TUESDAY, MAY 11
6 am NFIB small-business index April -- 98.2
10 am Job openings March -- 7.4 million
WEDNESDAY, MAY 12
8:30 am Consumer price index April -- 0.6%
8:30 am Core CPI April -- 0.3%
2 pm Federal budget April -- -$74 billion
THURSDAY, MAY 13
8:30 am Initial jobless claims (regular state program) May 8 --
8:30 am Continuing jobless claims (regular state program) May 1 --
8:30 am Producer price index April -- 1.0%
FRIDAY, MAY 14
8:30 am Retail sales April -- 9.8%
8:30 am Retail sales ex-autos April -- 8.4%
8:30 am Import price index April -- 1.2%
9:15 am Industrial production April -- 1.4%
9:15 am Capacity utilization April -- 74.4%
10 am Consumer sentiment May -- 88.3
10 am Business inventories March -- 0.5%

Last Week's Major U.S. Economic Reports & Fed Speakers

Time (ET) Report Period Actual Median Forecast Previous
MONDAY, APRIL 26
8:30 am Durable goods orders March 0.5% 2.2% -0.9%
8:30 am Core capital goods orders March 0.9% -- -0.8%
TUESDAY, APRIL 27
9 am Case-Shiller national home price index (year over year) Feb. 12.0% -- 11.2%
10 am Consumer confidence index April 121.7 113.0 109.0
10 am Homeownership rate Q1 65.6% -- 65.7%
WEDNESDAY, APRIL 28
8:30 am Trade in goods, advance report March -$90.6 billion -- -$87.1 billion
2 pm Federal Reserve announcement
2:30 pm Fed Chair Jerome Powell press conference
THURSDAY, APRIL 29
8:30 am Initial jobless claims (regular state program) April 24 553,000 528,000 566,000
8:30 am Continuing jobless claims (regular state program) April 17 3.66 million -- 3.65 million
8:30 am Gross domestic product (SAAR) Q1 6.4% 6.5% 4.3%
10 am Pending home sales index March 1.9% 5.4% -10.6%
FRIDAY, APRIL 30
8:30 am Employment cost index Q1 0.9% 0.7% 0.7%
8:30 am Personal income March 21.1% 20.0% -7.0%
8:30 am Consumer spending March 4.3% 4.0% -1.0%
8:30 am Core inflation March 0.4% 0.3% 0.1%
9:45 am Chicago purchasing managers' index April 72.1 65.0 66.3
10 am Consumer sentiment index (final) April 88.3 87.3 86.5

GDP forecasts

Date Report Period Median Forecast Previous
July 29, 2021 GDP (Quarterly, SAAR) Q2 8.2% 6.4% (Q1)
Oct. 28, 2021 GDP (Quarterly, SAAR) Q3 6.9% 6.4% (Q1)
January 2022 GDP (Quarterly, SAAR) Q4 5.1% 6.4% (Q1)
January 2022 GDP (Annual) 2021 6.4% -3.5% (2020)
January 2023 GDP (Annual) 2022 3.2% -3.5% (2020)

The median forecasts in this calendar come from weekly and monthly surveys of economists conducted by Dow Jones Newswires and The Wall Street Journal.