Calculated Risk: Thursday: Unemployment Claims, ISM Mfg, Construction Spending, Vehicle Sales

ThursdayThe first weekly unemployment claims report for the week will be published at 8:30 AM ET. From 411 thousand last week, the consensus is for a decline to 400 000.The June ISM Manufacturing Index will be released at 10:00 AM. According to consensus, the ISM will be at 61.5 in June, an increase of 61.2 from May. In May, the employment index was 50.9% and the new orders index was 67.0%.Construction Spending for May, 10:00 AM Construction spending is expected to rise 0.4% according to consensus.The light vehicle sales for June were released late in the afternoon. According to the Seasonally Adjusted Annual Rate, light vehicle sales are expected to reach 17.1 million SAAR in June. This is an increase of 17.0 million in May. Wards Auto predicts that June sales will reach 15.8 million SAAR.