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A calendar of important dates for investors.

Key Dates for Investors May 2024

Written by The Inspired Investor Team | Published on May 2, 2024

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Every month, we look ahead to the important dates, deadlines, announcements and more that investors need to know about. Here are some key upcoming events to keep on your radar and help you make stronger investment decisions.

Your economic calendar for May 2024 

When

What

Why it matters

Apr. 30 - May 1

U.S. Federal Reserve rate meeting and decision

The Federal Reserve increases interest rates to slow inflation— while lowering rates can encourage economic growth. Policy interest rate decisions can have an immediate and significant impact on markets (and your investments) on both sides of the border.

May 3

U.S. Bureau of Labor Statistics jobs data

This report details U.S. unemployment, employment, work hours and more. The data can hint at productivity levels, consumer spending, and the overall health and direction of the American economy.

May 10

Statistics Canada Labour Force Survey 

This survey, which measures the state of the Canadian labour market, is used to measure employment and unemployment rates. This data can hint at productivity, consumer spending, and the overall health and direction of the Canadian economy.

May 15

U.S. Bureau of Labour Statistics inflation data

This monthly update to the Consumer Spending Index (CPI) inflation numbers can give you insights about inflation, cost of living and spending power in the U.S. Inflation impacts consumer spending, which in turn affects corporate profits.

May 15

Canada Mortgage and Housing Corporation (CHMC) housing data

This monthly report covers Canadian housing starts and other construction data. New home construction can be considered an indicator of citizens' spending power and the overall health and direction of the Canadian economy.

May 20

Victoria Day

Federal holiday in Canada. Canadian markets will be closed

May 21

Statistics Canada inflation data 

This monthly update to the Consumer Spending Index (CPI) inflation numbers can give you insights about inflation, cost of living and spending power in Canada. Inflation impacts consumer spending, which in turn affects corporate profits.

May 28

U.S. Federal Housing Finance Agency housing data 

This monthly report measures changes in U.S. single-family home prices. Home prices can be considered an indication of citizens' spending power and the overall health and direction of the American economy.

May 31

Statistics Canada monthly GDP report 

Unlike StatCan's quarterly gross domestic product (GDP) report, which can tell investors about the overall health of the Canadian economy, this report lists GDP by industry.

 Plus, three things to know this month: 

1. Buy, Sell Or Hold? What You Need To Know About Analyst Reports

2. Words Matter When It Comes To Central Banks

3. VIDEO: Ideas for Your Next Investing Move

 For more, check out the full Earnings & Events Calendar.

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