Economic Events on May 27, 2011

At 8:30 AM EDT, the monthly Personal Income and Outlays report for April will be released. The consensus for Personal Income is an increase of 0.4% over the previous month and the consensus Consumer Spending index change is an increase of 0.4%.

At 9:55 AM EDT, Consumer Sentiment for the second half of May will be announced.  The consensus is that the index will be at 72.5, which is 0.1 points higher than the value reported in the first half of the month.

At 10:00 AM EDT, the value of the pending home sales index for April will be announced.

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