Economy Week Ahead: Focus on Hiring, Fed Minutes and Trade

Tuesday

New orders for manufactured goods have been increasing steadily since last September frequent supply-chain disruptions and strong demand for the goods. Economists expect new data from the Commerce Department to show that US manufacturing orders grew faster in May than in April.

Wednesday

The Federal Reserve releases minutes from its June monetary-policy meeting, at which officials 0.75-percentage-point increase approved In its benchmark federal-funds rate, its biggest rate hike since 1994. The minutes should provide more details on the internal discussion on the decision.