Economic Data Scheduled For Friday

An advance report on U.S. international trade in goods for April is scheduled for release at 8:30 a.m. ET. The US goods deficit is expected to widen to $91.0 billion in April from $90.6 billion in March.
Data on personal income and consumption expenditures for April will be released at 8:30 a.m. ET. Compared to stimulus-driven 21.1% monthly surge in March, personal income is likely to drop 14.8% in April. Personal consumption expenditures are projected to increase 0.6% in April.
Data on wholesale inventories for April will be released at 8:30 a.m. ET. Analysts expect wholesale inventories rising 1.2% in April following a 1.3% build in the previous month.
The Chicago PMI for May is scheduled for release at 9:45 a.m. ET. Analysts expect the index declining to 70 in May from April's unexpected jump to 72.1.
The University of Michigan's consumer sentiment index for May is scheduled for release at 10:00 a.m. ET. The overall index is expected to increase slightly to 83.0 in May from prior reading of 82.8.
The Baker Hughes North American rig count report for the latest week will be released at 1:00 p.m. ET.
Data on farm prices for April will be released at 3:00 p.m. ET.