The Week Ahead: Will Jobs Momentum Continue?
As June starts, employment, manufacturing, and housing data are on tap. Plus, Salesforce and Costco report.
Jeremy Glaser: It will be a reasonably busy holiday-shortened week for economic data. Friday's jobs report will reveal if labor market momentum continued in May. Wage growth will also be closely eyed. Consumption data on Thursday, along with its underlying inflation gauge, will be another key report.
Other releases include the Case-Shiller home price index, consumer confidence, the second estimate of first-quarter GDP, and the ISM manufacturing gauge.
Jeremy Glaser does not own (actual or beneficial) shares in any of the securities mentioned above. Find out about Morningstar’s editorial policies.