As we head into the week of June 15, 2025, investors and economists are closely monitoring a range of key economic indicators and events that could impact financial markets and the broader economy. From retail sales data to housing starts, here are some of the highlights to watch for in the coming days.
On Monday, June 16th, the New York Fed will release the Empire State manufacturing survey for June. The consensus is for a reading of -6.0, an improvement from the previous month’s figure of -9.2. This survey provides valuable insights into the health of the manufacturing sector in the New York region.
Tuesday, June 17th, will see the release of retail sales data for May. Economists are expecting a 0.5% decrease in retail sales, which could provide clues about consumer spending trends. Additionally, industrial production and capacity utilization figures for May will be released, with expectations for a slight increase in industrial production.
The National Association of Home Builders (NAHB) will release its homebuilder survey for June on Tuesday as well. This survey is an important gauge of sentiment in the housing market, with any reading above 50 indicating that more builders view sales conditions as poor than good.
Wednesday, June 18th, will be a particularly busy day. The Mortgage Bankers Association will release the mortgage purchase applications index, offering insights into the housing market activity. Initial weekly unemployment claims data will also be released, providing updates on the labor market.
One of the most highly anticipated events on Wednesday is the Federal Open Market Committee (FOMC) meeting. While rates are expected to remain unchanged, investors will be closely watching the FOMC statement, economic projections, and Fed Chair Jerome Powell’s press briefing for any hints about future monetary policy decisions.
Thursday, June 19th, will see all US markets closed in observance of Juneteenth National Independence Day, a significant event commemorating the end of slavery in the United States.
Finally, on Friday, June 20th, the Philly Fed will release its manufacturing survey for June. The consensus is for a reading of 0.0, reflecting stabilization in manufacturing activity.
Overall, this week’s economic calendar is packed with important reports and events that could provide valuable insights into the state of the economy. Investors will be closely watching these indicators to gauge the recovery’s momentum and potential policy implications.
Sources:
– “Schedule for Week of June 15, 2025” from Calculated Risk Blog [https://www.calculatedriskblog.com/2025/06/schedule-for-week-of-june-15-2025.html]
