For manufacturing, the May Industrial Production and Capacity Utilization report, and the June NY Fed (Empire State) and Philly Fed surveys, will be released this week.
For prices, CPI will be released on Tuesday.
The FOMC meets on Tuesday and Wednesday, and the FOMC is expected to taper QE3 asset purchases another $10 billion per month at this meeting.
8:30 AM: NY Fed Empire Manufacturing Survey for June. The consensus is for a reading of 15.0, down from 19.0 in May (above zero is expansion).
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for May.This graph shows industrial production since 1967.
The consensus is for a 0.5% increase in Industrial Production, and for Capacity Utilization to increase to 78.9%.
10:00 AM: The June NAHB homebuilder survey. The consensus is for a reading of 47, up from 45 in May. Any number below 50 indicates that more builders view sales conditions as poor than good.
8:30 AM: Housing Starts for May. Total housing starts were at 1.072 million (SAAR) in April. Single family starts were at 649 thousand SAAR in April.
The consensus is for total housing starts to decrease to 1.036 million (SAAR) in May.
8:30 AM: Consumer Price Index for May. The consensus is for a 0.2% increase in CPI in May and for core CPI to increase 0.2%.
7:00 AM: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
During the day: The AIA's Architecture Billings Index for May (a leading indicator for commercial real estate).
2:00 PM: FOMC Meeting Announcement. The FOMC is expected to reduce monthly QE3 asset purchases from $45 billion per month to $35 billion per month at this meeting.
2:00 PM: FOMC Forecasts This will include the Federal Open Market Committee (FOMC) participants' projections of the appropriate target federal funds rate along with the quarterly economic projections.
2:30 PM: Fed Chair Janet Yellen holds a press briefing following the FOMC announcement.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to decrease to 313 thousand from 317 thousand.
10:00 AM: the Philly Fed manufacturing survey for June. The consensus is for a reading of 13.0, down from 15.0 last month (above zero indicates expansion).
10:00 AM: Regional and State Employment and Unemployment (Monthly) for May 2014
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