Economic Data Scheduled For Tuesday

  • The manufacturing PMI for May is scheduled for release at 9:45 a.m. ET. Analysts expect the index rising to 61.5 in May from prior month’s reading of 60.5.
  • The ISM manufacturing composite index for May will be released at 10:00 a.m. ET. The index is likely to rise slightly to 60.9 in May from 60.7 in the previous month.
  • Federal Reserve Governor Randal Quarles is set to speak at 10:00 a.m. ET.
  • Data on construction spending for April will be released at 10:00 a.m. ET. Analysts expect construction spending rising 0.6% in April following March's 0.2% increase.
  • The Dallas Fed manufacturing index for May is scheduled for release at 10:30 a.m. ET. Analysts expect the index declining to 34.5 in May from April's reading of 37.3.
  • The Treasury is set to auction 3-and 6-month bills at 11:30 a.m. ET.
  • Federal Reserve Governor Lael Brainard will speak at 2:00 p.m. ET.

Check out the full economic calendar here

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