For manufacturing, the Industrial Production report will be released this week.
10:00 AM ET: Job Openings and Labor Turnover Survey for April from the BLS.
This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.
Jobs openings increased in March to 7.488 million from 7.142 million in February.
The number of job openings (yellow) were up 9% year-over-year, and Quits were up 3% year-over-year.
6:00 AM ET: NFIB Small Business Optimism Index for May.
8:30 AM: The Producer Price Index for May from the BLS. The consensus is for a 0.1% increase in PPI, and a 0.2% increase in core PPI.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The Consumer Price Index for May from the BLS. The consensus is for 0.1% increase in CPI, and a 0.2% increase in core CPI.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 215 thousand initial claims, down from 218 thousand last week.
8:30 AM: Retail sales for May is scheduled to be released. The consensus is for 0.7% increase in retail sales.
This graph shows the year-over-year change in retail sales and food service (ex-gasoline) since 1993. Retail and Food service sales, ex-gasoline, increased by 3.0% on a YoY basis in April.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for May.
This graph shows industrial production since 1967.
The consensus is for a 0.2% increase in Industrial Production, and for Capacity Utilization to increase to 78.0%.
10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for June).