| Indicator | Last Report | Forecast | Actual |
|---|---|---|---|
| Import Prices | April: -0.2% | May: +0.8% | May: +1.3% |
| Export Prices | April: -0.7% | May: +0.2% | May: +0.6% |
| Initial Jobless Claims | 5/30: 277,000 | 6/6: 278,000 | 6/6: 279,000 |
| Continuing Claims | 5/23: 2.204M | 5/30: 2.188M | 5/30: 2.265M |
| Retail Sales | April: +0.2% | May: +1.1% | May: +1.2% |
| ex-Autos | April: +0.1% | May: +0.7% | May: +1.0% |
| Business Inventories | March: +0.1% | April: +0.2% | April: +0.4% |
The federal infrastructure program would bring a fresh source of revenue for states and railroads.
"We welcome the SEC's approval of the amendments to Rule G-27 as we continue the ongoing retrospective rule review process and look for ways to provide more flexibility in a changing work environment," MSRB's Ernesto Lanza said.
The American Society of Civil Engineers lowered its infrastructure grade for North Carolina to C-minus this year from C; three other Southeast states improved.
Chicago made the second half of its supplemental pension payment, fulfilling a budgetary pledge and assuaging concerns of aldermen and rating agencies.
Market participants broadly expected a rate hike, but the FOMC statement and press conference both rang more hawkish than what the markets probably anticipated, said Chris Brigati, managing director and CIO at SWBC.
A U.S. Appeals Court for the Tenth Circuit ruling vacated a lower court's permanent injunction against a project to expand the Gross Reservoir.
