U.S. JUNE AVERAGE HOURLY EARNINGS +0.3% M/M (VS +0.3% EXPECTED)
U.S. JUNE AVERAGE HOURLY EARNINGS +0.3% M/M (VS +0.3% EXPECTED)
U.S. JUNE AVERAGE HOURLY EARNINGS +0.3% M/M (VS +0.3% EXPECTED)
MORE U.S. JUNE JOBS: MAY REVISED DOWN BY 43K TO +129K
U.S. JUNE PARTICIPATION RATE 61.5% (VS 61.8% EXPECTED)
U.S. JUNE MANUFACTURING PAYROLLS +3K M/M (VS +3K EXPECTED)
U.S. JUNE NONFARM PAYROLLS +57K M/M (VS +114K EXPECTED)
US INITIAL CLAIMS FOR JOBLESS BENEFITS: 215,000, -1,000
U.S. JUNE PRIVATE PAYROLLS +49K M/M (VS +123K EXPECTED)
U.S. JUNE UNEMPLOYMENT RATE 4.2% (VS 4.3% EXPECTED)
DAILY GUIDANCE AND PRESS SCHEDULE FORTHURSDAY, JULY 2, 2026In-Town PoolTV Corr & Crew: CBSSecondary TV Corr: FOX BusinessPhotos: AP, AFP, NYT, Reuters, GettyPrint: Daily CallerSecondary Print: LA TimesRadio: APNew Media: NTDEDT:9:00 AM In-Town Pool Call Time8:00 AM THE PRESIDENT participates in Exe…
--ISM’s Spence: Not Much Stockpiling During Iran War as Seen in Early Days of High US Tariffs Slapped Last Year--Spence: Still Cautious about 2026 Outlook but June, Semiannual Reports Indicate Optimism Among Firms(MaceNews) - U.S. manufacturing activity expanded for the sixth straight month in June…
US ATLANTA FED GDPNOW MODEL ESTIMATES US 2Q GDP GROWTH RATE AT 1.2%, DOWN FROM 2.5% ON JUNE 25, AFTER LATEST ECONOMIC INDICATORS
US ISM’S SPENCE TO REPORTERS: RECENT EXPANSION IN MFG SECTOR NOT MUCH FROM STOCKPILING AS SEEN IN EARLY DAYS OF HIGH US TARIFFS IMPOSED LAST YEAR
US ISM’S SPENCE: OPTIMISM AMONG MFG FIRMS ALSO IN THEIR 2026 JOBS GROWTH FORECAST OF +1.4%, NOT BIG NUMBER BUT TRIPLE FROM +0.4% PROJECTED IN DECEMBER
US ISM’S SPENCE:NOT WORRIED MUCH ABOUT PRODUCTION INDEX DROP AS SEMIANNUAL SURVEY SHOWS MFG FIRMS SEE REVENUES +8.4% IN 2026 VS. +4.4% FORECAST IN DEC
US EIA CRUDE OIL INVENTORIES -3.8 MLN BARRELS IN LATEST WEEK FROM PREVIOUS WEEK (VS. -2.9 MLN BARRELS MARKETS EXPECTED)
US EIA DISTILLATES INVENTORIES +2.5 MLN BARRELS IN LATEST WEEK FROM PREVIOUS WEEK (VS. -0.7 MLN BARRELS MARKETS EXPECTED)
US EIA GASOLINE INVENTORIES -2.3 MLN BARRELS IN LATEST WEEK FROM PREVIOUS WEEK (VS. -1.0 MLN BARRELS MARKETS EXPECTED)
US ISM’S SPENCE: RECENT DROP IN CRUDE OIL PRICES TO PRE-IRAN WAR LEVELS GOOD NEWS OVERALL;WILL SEE IF US-IRAN CEASEFIRE HOLDS, WHERE OIL PRICES SETTLE
US ISM’S SPENCE TO REPORTERS: STILL CAUTIOUS ON MANUFACTURING BUSINESS OUTLOOK BUT I SEE OPTIMISM IN JUNE, SEMIANNUAL REPORTS
MORE U.S. MAY CONSTRUCTION SPENDING: APRIL UNREVISED AT +0.4% M/M