Economic Events on July 3, 2012

The figures for motor vehicle sales for June will be released today.  The consensus estimate is that 13.9 million autos were sold last month, which would be 100,000 more than the previous month.

At 7:45 AM Eastern time, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:55 AM Eastern time, the weekly Redbook report will be released, giving us more information about consumer spending.

At 10:00 AM Eastern time, the Factory Orders report for May will be released.  The consensus is that there was an increase of 0.1% in orders from the previous month.

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