Economic Events on May 25, 2010

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:55 AM EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

At 9:00 AM EDT, the monthly S&P/Case-Shiller home price index report will be released.  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.

At 10:00 AM EDT, the monthly report on Consumer Confidence for May will be released.  The consensus index level is 59.0, which would be a 1.1 point increase over April, following a large gain last month.

Also at 10:00 AM EDT, the FHFA House Price Index for March will be released, providing more information about the direction of the housing market.

Also at 10:00 AM EDT, the State Street Investor Confidence Index will be released, which looks at changes in the amount of equities held in the portfolios of institutional investors.

At 8:30 PM EDT, Ben Bernanke will speak at the 2010 Institute for Monetary and Economic Studies Conference International Conference.

Join the forum discussion on this post - (2) Posts

Leave a Reply




You can use these HTML tags

<a href="" title=""> <abbr title=""> <acronym title=""> <b> <blockquote cite=""> <cite> <code> <del datetime=""> <em> <i> <q cite=""> <strike> <strong>