Economic Events on March 30, 2010

The weekly ICSC-Goldman Store Sales report will be released at 7:45 AM EDT, and another strong week of sales is expected.

The monthly S&P/Case-Shiller home price index report will be released at 9:00 AM EDT.  Given that most economists don’t expect the overall U.S. economy to improve until housing prices end their decline, the market will be watching this number closely.

The monthly report on Consumer Confidence will be released at 10:00 AM EDT.  The consensus index level is 50.0, which would be a slight increase over February, but is still below the level reported in January.

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