Intraday Economic News: Economic Releases: May 30 - June 3 May 11

Standard & Poors, May 2011

Abstract
Monday: Holiday; no reports out. Tuesday: S&P/Case-Shiller home prices are expected to be down 3.4% year over year in March. The Chicago Purchasing Managers' Index is expected to slip to 64 in May from 67.6. The Conference Board's Consumer Confidence survey is expected to rise to 67 in May from 65.4. Wednesday: The ADP employment report is likely to show a rise of 180,000 for May. The Institute for Supply Management's (ISM) manufacturing survey is expected to drop to 58 in May from 60.4 in April. Light vehicle sales are expected to drop to 12.5 in May from 13.2, in part due to supply shortages. Thursday: Initial claims for the week ending May 28 should edge down slightly to 410,000...

Standard and Poors RatingsXpress Credit Research provides in-depth coverage of international corporates, financial institutions, insurance companies, utilities, sovereigns and structured finance programs. RatingsXpress Credit Research lets users determine the credit rating of holdings and identify key factors underlying an issuer's creditworthiness, distinguishes the different risk exposures for new and existing deals, and provides an understanding of how their analysts interpret key regulatory, political and environmental events and their economic impact.

Research Type: Commentary
Criteria articles describe the thought process and methodology Standard & Poor's analysts use in determining ratings. These commentary pieces discuss both the quantitative (economic and financial) and qualitative (business analysis and caliber of management) aspects of the analysis, as well as legal issues.

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