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Los Angeles, CA (April 28, 2015) - KB Exchange Trust ("KB") announced today the acquisition of a Fresenius Medical Care dialysis clinic in downtown Chicago, Illinois. "The recently-constructed medical property, totaling approximately 10,170 square feet, is in a strong infill location," according to Managing Partner Mark Paul. Read More...
Week Ahead: Growth in U.S. Services Firms Rises in June

U.S. service firms grew at a slightly faster pace in June, as business activity and new orders increased. The Institute for Supply Management said Monday that its services index edged up to 56 in June from 55.7 in May. Any reading over 50 indicates that services firms are expanding. Steady hiring over the past year has fueled a consumer spending rebound from a winter slump. Many economists say the economy will expand at an annual rate of 2.5% in the second quarter, after shrinking during the first three months of 2015. Still, the index's hiring component slipped in June to 52.7 from 55.3 in May, which indicates that the rate of job growth might slow.

Jul 6 10:00 AM ISM Services Jun 56.0 56.3 55.7
Jul 7 8:30 AM Trade Balance May -$42.0B -$42.0B -$40.9B
Jul 7 10:00 AM JOLTS - Job Openings May NA NA 5.367M
Jul 7 3:00 PM Consumer Credit May $17.5B $17.6B $20.5B
Jul 8 7:00 AM MBA Mortgage Index 07/04 NA NA -4.7%
Jul 8 10:30 AM Crude Inventories 07/04 NA NA 2.386M
Jul 8 2:00 PM FOMC Minutes 6/17 - - -
Jul 9 8:30 AM Initial Claims 07/04 275K 271K 281K
Jul 9 8:30 AM Continuing Claims 06/27 2250K 2210K 2264K
Jul 9 10:30 AM Natural Gas Inventories 07/04 NA NA 69 bcf
Jul 10 10:00 AM Wholesale Inventories May 0.2% 0.3% 0.4%

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