Economy Week Ahead: Services, Jobless Claims and Inflation

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Service-sector, unemployment and inflation measures highlight a relatively quiet week for official economic data

The Institute for Supply Management’s nonmanufacturing index is expected to show a return to growth for U.S. service and construction sectors in June—though barely. Even a gentle expansion, however, will be a welcome.

 

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Here are some key dates on how we got here. Started 50 years ago. 1971 - Nixon - Dollar off Gold Std 1979 - Carter - Most favored nation with China 1882 - Reagan - Allowed stock buybacks 1994 - Clinton - NAFTA 1999 - Clinton - Repealed Glass-Steagall

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