Economic Data Scheduled For Friday

  • Data on personal income and consumer spending for May will be released at 8:30 a.m. ET. Personal income is expected to drop 6.4% in May, while consumer spending is projected to surge 8.6%.
  • The University of Michigan's consumer sentiment index for June is scheduled for release at 10:00 a.m. ET. The final reading of consumer sentiment is likely to improve to 78.9 for June.
  • The Baker Hughes North American rig count report for the latest week is scheduled for release at 1:00 p.m. ET.
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