This could be one of the busiest economic weeks in history

Good luck trying to find a time to meet on the economy’s Google Calendar this week. Uncle Sam has appointments with basically every major economic indicator over the next several days, with new data set to shed more light on the country’s economic health.

Setting the stage: By many standards—stock-market performance, consumer sentiment, retail sales, and inflation, for example—the US economy is going strong.

But several announcements and events this week will further clarify things:

• Jobs: Federal agencies will release new data on job vacancies/layoffs/quits (Tuesday) and private-sector hiring (Wednesday) ahead of the July jobs report (Friday).
• GDP: Analysts expect America’s Q2 GDP report on Wednesday to show an annualized growth rate of ~2.5%, roughly in line with averages in recent, non-pandemic years.
• Inflation: Fed officials are widely expected to hold interest rates steady on Wednesday, while the central bank’s preferred measure of inflation will be published on Thursday.
• Earnings: Some of the biggest names in tech report earnings this week, including Microsoft, Meta, Amazon, and Apple.

What they’re saying: "It is the busiest I can remember in 25 years of working," ING economist James Knightley told Axios. "I can't think of a week that has seen such a concentration of A-list events."

It’s already started…President Trump yesterday afternoon announced a landmark trade deal with the EU, the first occurence in what's also shaping up to be a busy week of tariff-related news. Oral arguments begin Thursday in a case challenging the legality of many Trump tariffs, while Friday is the Aug. 1 deadline for the White House’s reciprocal tariff plan.