A new month offers a new round of economic reports, so mark your calendar for the following closely watched releases:
2 July 2021: The labor report for June will detail how many employees
were added to payrolls as well as the unemployment rate.
7 July 2021: Data in the monthly JOLTS (short for: job openings and
labor turnover summary) report is lagging, but the job openings data for May
could be a leading indicator of future hiring plans.
13 July 2021: The consumer price index (CPI) report for June is due
and is one of the key measures of inflation.
29 July 2021: The advance estimate (the first of three) for gross
domestic product (GDP) for the second quarter is scheduled for release.
30 July 2021: The personal consumption expenditures (PCE) report for
June is scheduled for release. This is the Federal Reserve’s preferred measure
of inflation.
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