Date

GMT+01:00

Event

Forecast

Actual

Jul, 03 14:45

★★

Final Services PMI

Country:
Date:	Jul, 03 14:45
Importance:	Medium
Previous:	53.1
Forecast:	53.1
Actual:	-
Period:	Jun

It's a leading indicator of economic health - businesses react quickly to market conditions, and their purchasing managers hold perhaps the most current and relevant insight into the company's view of the economy. Above 50.0 indicates industry expansion, below indicates contraction. The 'Previous' listed is the 'Actual' from the Flash release and therefore the 'History' data will appear unconnected. There are 2 versions of this report released about a week apart – Flash and Final. The Flash release is the earliest and thus tends to have the most impact.

53.1

Jul, 03 14:45

★★

Composite PMI

Country:
Date:	Jul, 03 14:45
Importance:	Medium
Previous:	52.8
Forecast:	52.8
Actual:	-
Period:	Jun

An index level of 50 denotes no change since the previous month, while a level above 50 signals an increase or improvement, and below 50 indicates a decrease or deterioration.

52.8

Jul, 03 15:00

★★★

ISM Services PMI

Country:
Date:	Jul, 03 15:00
Importance:	High
Previous:	49.9
Forecast:	50.8
Actual:	-
Period:	Jun

ISM index for the non-manufacturing sector, a value below 50 indicates a decrease in activity compared to the previous month, above - about growth.

49.9

50.8

Jul, 03 15:00

★

Factory Orders

Country:
Date:	Jul, 03 15:00
Importance:	Low
Previous:	-3.7%; -0.5%
Forecast:	7.9%
Actual:	-
Period:	May

Dollar volume of new orders, shipments, unfilled orders and inventories as reported by domestic manufacturers. Factory Orders is not a widely watched economic release. The Advance Release on Durable Goods Activity reported one week earlier tends grab more market attention, given that durable goods make up more than half of factory orders.

Factory Orders does provide a comprehensive look at the manufacturing sector. Specifically, the New Orders figure can act as a gauge of demand across industries while Shipments are indicative of supply. The Unfilled Orders and Inventory figures reconcile the balance between New Orders and Shipments; high Shipments are indicative of an excess of demand relative to supply, high Inventories signal an excess of supply over demand.

Figures are reported in billions of dollars and also in percent change from the previous month.

On a Technical Note: The New Orders figure measures the value of orders received by manufacturers for new products from both domestic and foreign sources. The total value of products shipped is calculated in Shipments while Unfilled Orders measures the value of goods backlogged for order but not yet shipped. Lastly, Inventories gauges the amount of unsold goods held by manufacturers.

-3.7%; -0.5%

7.9%

Jul, 03 15:30

★

EIA Natural Gas Storage Change

Country:
Date:	Jul, 03 15:30
Importance:	Low
Previous:	96
Forecast:	-
Actual:	-
Period:	Jul

Weekly report about natural gas storage change in the USA.