US Economic Calendar For The Week Of June 3, 2019

International Business Times poll on major U.S. economic indicators scheduled for release during the week of June 3, 2019.

Economists expect the unemployment rate to rise to 3.7 percent in May from 3.6 percent in the prior month, with the addition of 174,000 new positions compared to an addition of 263,000 positions in April. Year-on-year wage growth is likely to hold steady at 3.2 percent, but average wage growth on a month-on-month basis is likely to rise to 0.3 percent, from 0.2 percent in the prior period.

The ISM manufacturing index may edge lower to 52.7 in May, from 52.8 in the prior month. Economists expect the U.S.-China trade tensions to weigh on the manufacturing activity. The ISM non-manufacturing purchasing managers' index is expected to drop to 55.1 in May from 55.5 in April.

Other notable indicators include construction spending, factory orders, Markit’s latest reading on manufacturing and services purchasing managers’ index.