This week's economic calendar is quieter than last week's lineup, which featured a highly anticipated Fed meeting and the April jobs report. While investors will certainly look to the few speeches from Federal Reserve officials sprinkled throughout the week for potential clues on the central bank's rate-cut timeline, the biggest data point is Friday's release of the University of Michigan's Consumer Sentiment Index.
You can read on to see the entire weekly economic calendar of the most important upcoming economic reports scheduled to be released over the next several days. At times, we provide expanded previews and recaps for select reports.
Please check back often. This economic calendar is updated regularly. Bolded reports are those considered more noteworthy and all reporting times are in Eastern Standard Time.
Economic calendar highlights
Monday (5/6)
Tuesday (5/7)
Wednesday (5/8)
Thursday (5/9)
Friday (5/10)
Consumer sentiment data is due Friday
Amid a relatively light economic calendar, Wall Street is most anticipating the University of Michigan's Consumer Sentiment Index, slated for release this Friday morning. The data helps Wall Street and economists gauge how confident consumers are feeling about the economy, what their short- and long-term inflation expectations are, and how comfortable they feel spending money based on these outlooks.
The report is released twice a month and Friday's reading will give the first look at consumer sentiment for May.
In April, consumer sentiment slipped amid continued "uncertainty about the future trajectory of the economy pending the outcomes of the election," said Joanne Hsu, director of the surveys of consumers at UofM. Both short-term and long-term inflation expectations ticked higher.
Reporting schedules are provided Forex Factory and MarketWatch.
