A look at some of the key business events and economic indicators upcoming this week:
SIZING UP RETAIL SALES
The
Economists predict sales at restaurants, shops and other retailers rose a seasonally adjusted 0.8% in April from the previous month. That would match March’s increase. The retail report covers only about a third of overall consumer spending and doesn’t include services such as haircuts, hotel stays and plane tickets, areas that have been rebounding from the depths of the pandemic.
Retail sales, monthly percent change, seasonally adjusted:
Nov. 0.6
Dec. -1.6
Jan. 2.7
Feb. 1.7
March 0.8
April (est.) 0.8
Source: FactSet
HOUSING MARKET BAROMETER
The
Economists predict sales of previously occupied
Existing home sales, in millions, seasonally adjusted annual rate:
Nov. 6.33
Dec. 6.09
Jan. 6.49
Feb. 5.93
March 5.77
April (est.) 5.60
Source: FactSet
DIG THIS
Analysts predict the maker of tractors and agricultural equipment will report Friday that its fiscal second-quarter earnings and revenue increased versus the same period last year. In February,
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