As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Thursday, May 1, 2025. The spotlight will be on initial jobless claims, manufacturing PMI, and the ISM Manufacturing PMI, all of which have the potential to influence investor sentiment and market direction.
Major Economic Events to Watch
• 8:30 AM ET: Initial Jobless Claims (Forecast:224K, Previous: 222K) - A key indicator of labor market health
• 9:45 AM ET: Manufacturing PMI (Forecast:50.7, Previous: 50.2) - Measures activity level of purchasing managers in the manufacturing sector
• 10:00 AM ET: ISM Manufacturing PMI (Forecast:48.0, Previous: 49.0) - Comprehensive gauge of the manufacturing sector’s performance
Other Important Economic Events to Watch
• 8:30 AM ET: Continuing Jobless Claims (Forecast:1,860K, Previous: 1,841K) - Measures ongoing unemployment benefit claims
• 10:00 AM ET: Construction Spending (Forecast:0.2%, Previous: 0.7%) - Indicates change in total construction spending
• 10:00 AM ET: ISM Manufacturing Prices (Forecast:72.9, Previous: 69.4) - Reflects price changes in the manufacturing sector
• 10:00 AM ET: ISM Manufacturing Employment (Previous:44.7) - Indicates employment trends in manufacturing
• 1:00 PM ET: Atlanta Fed GDPNow (Forecast:2.4%, Previous: 2.4%) - Provides a running estimate of real GDP growth
• 4:30 PM ET: Reserve balances with Federal Reserve Banks (Previous:3.209T) - Shows depository institutions’ account balances at Federal Reserve Banks
• 4:30 PM ET: Fed’s Balance Sheet (Previous:6,727B) - Discloses assets and liabilities of the Federal Reserve System
Other Economic Events to Watch
• 7:00 AM ET: Dallas Fed PCE (Previous:3.00%) - Alternative measure of core inflation
• 7:30 AM ET: Challenger Job Cuts (Previous:275.240K) - Provides information on announced corporate layoffs
• 8:30 AM ET: Jobless Claims 4-Week Avg. (Previous:220.25K) - Smooths weekly jobless claims data
• 10:00 AM ET: ISM Manufacturing New Orders Index (Previous:45.2) - Indicates new order trends in manufacturing
• 10:30 AM ET: Natural Gas Storage (Forecast:111B, Previous: 88B) - Measures change in natural gas inventories
• 11:30 AM ET: 4-Week Bill Auction (Previous:4.220%) - Treasury bill auction results
• 11:30 AM ET: 8-Week Bill Auction (Previous:4.225%) - Treasury bill auction results
For further information and the latest updates, please refer to our Economic Calendar, here .
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