Personal Income Seen Down 2.7% in May -- Data Week Ahead Update

The following are forecasts for this week's remaining U.S. data from a survey compiled by The Wall Street Journal.

 
DATE      TIME  RELEASE                    PERIOD     CONSENSUS    PREVIOUS 
          (ET) 
Tuesday   1000  Existing Home Sales         May       5.73M  (31)   5.85M 
                  -- percent change         May      -2.1%         -2.7% 
          1000  Richmond Fed Mfg Svy        Jun       18     (6)    18 
Wednesday 0830  Current Account Balance     1Q      -$205.3B (14) -$188.48B 
          0945  Markit Flash Mfg PMI        Jun       61.5   (9)    62.1* 
          0945  Markit Flash Services PMI   Jun       70.0   (8)    70.4* 
          1000  New Home Sales              May       859K   (31)   863K 
                  -- percent change         May      -0.5%         -5.9% 
Thursday  0830  Jobless Claims              Jun 19    380K   (23)   412K 
          0830  Durable Goods Orders        May      +2.6%   (30)  -1.3% 
          0830  Real GDP (3rd Reading)      1Q       +6.4%   (30)  +6.4%** 
          0830  GDP Prices (3rd Reading)    1Q       +4.3%   (11)  +4.3%** 
          1100  Kansas City Fed Mfg Svy     Jun       24     (4)    26 
                  Composite Index 
Friday    0830  Personal Income             May      -2.7%   (32)  -13.1% 
          0830  Consumer Spending           May      +0.4%   (31)  +0.5% 
          0830  Core PCE Prices M/M         May      +0.6%   (26)  +0.7% 
          0830  Core PCE Prices Y/Y         May      +3.4%   (15)  +3.1% 
          1000  Consumer Sentiment          Jun       86.5   (23)   86.4*** 
                  (Final) 
 
*End-May Reading 
**1Q 2nd Reading 
***June Prelim Reading 
 
(Figures in parentheses refer to number of economists surveyed.) 
 

Write to Donna Huneke at [e-mail]

(END) Dow Jones Newswires

06-21-21 1412ET