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Event Previous Forecast Actual
Dec, 31 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Dec, 31 18:00
Importance: Low
Previous: 586
Forecast: -
Actual: 586
Period: Dec
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
586 - 586
Jul, 01 18:00
Baker Hughes U.S. Rig Count
Baker Hughes U.S. Rig Count
Country:
Date: Jul, 01 18:00
Importance: Low
Previous: 753
Forecast: -
Actual: 750
Period: Jul
The Baker Hughes rig count is an important business barometer for the oil drilling industry. When drilling rigs are active they consume products and services produced by the oil service industry. The active rig count acts as a leading indicator of demand for oil products.
753 - 750
Jul, 01 15:00
Construction Spending
Construction Spending
Country:
Date: Jul, 01 15:00
Importance: Low
Previous: 0.8%
Forecast: 0.3%
Actual: -0.1%
Period: May

Construction Spending gauges the level of construction activity in the United States . The Construction Spending report looks at both residential and non-residential construction. The construction industry makes a significant contribution to the United States GDP in the form of investment expenditure as well as stimulus of industries related to building. Furthermore, since builders are unlikely to pour money into construction projects unless they feel the economy favors their investment, changes in business sentiment like this are usually quickly seen in construction figures. However, the report has little significance for market participants because of its untimely release. By the time the report is announced, other reports, such as Building Permits and Building Starts have already provided similar information.

The report headline is the percentage change from the previous month.

Technical notes: The construction industry is a major force to the United States economy, even without including non-construction businesses that are tied to building, such as finance, the furnishing industry, appliance industry and other manufacturing. Private Construction activity can be an effective indicator of business confidence.

0.8% 0.3% -0.1%
Jul, 01 15:00
ISM Manufacturing Prices
ISM Manufacturing Prices
Country:
Date: Jul, 01 15:00
Importance: Low
Previous: 82.2
Forecast: 80.0
Actual: 78.5
Period: Jun

A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month.ISM Manufacuring assesses the state of US industry by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and trusted economic measure. If the index has a value below 50, due to a decrease in activity, it tends to indicate an economic recession, especially if the trend continues over several months. A value substantially above 50 likely indicates a time of economic growth. The values for the index can be between 0 and 100.

Values over 50 generally indicate an expansion, while values below 50 indicate contraction.

82.2 80.0 78.5
Jul, 01 15:00
★★★
ISM Manufacturing
ISM Manufacturing
Country:
Date: Jul, 01 15:00
Importance: High
Previous: 56.1
Forecast: 54.6
Actual: 53.0
Period: Jun

A monthly index released by the Institute of Supply Management which tracks the amount of manufacturing activity that occurred in the previous month.ISM Manufacuring assesses the state of US industry by surveying executives on expectations for future production, new orders, inventories, employment and deliveries. This data is considered a very important and trusted economic measure. If the index has a value below 50, due to a decrease in activity, it tends to indicate an economic recession, especially if the trend continues over several months. A value substantially above 50 likely indicates a time of economic growth. The values for the index can be between 0 and 100.

Values over 50 generally indicate an expansion, while values below 50 indicate contraction.

56.1 54.6 53.0
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