A look at some of the key business events and economic indicators upcoming this week:
REGAINING CONFIDENCE?
The index, which reflects consumers’ assessments of present conditions and their expectations about the future, inched up in May but remained near a six-year low in the face of the widespread business shutdowns that have knocked the economy into recession. Economists project that the index edged higher again in June.
Consumer confidence, by month:
Jan. 130.4
Feb. 132.6
March 118.8
April 85.7
May 86.6
June (est.) 90.0
Source: FactSet
IN THE RED
Analysts predict the department store chain will report Wednesday that it booked a loss for the February-April quarter.
EYE ON HIRING
Economists predict hiring in the
They expect the
Nonfarm payrolls, monthly change, seasonally adjusted:
Jan. 214,000
Feb. 251,000
March -1,373,000
April -20,687,000
May 2,509,000
June (est.) 2,900,000
Source: FactSet
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