June 29, 2020
This was a full week of economic updates, including reports on housing, consumer confidence and spending, and durable goods orders. May’s personal spending report was a highlight, as consumers showed they were willing and able to go out and spend once reopening efforts began in earnest. This will be another busy week on the economic update front, with reports on manufacturer and consumer confidence, international trade, and June employment.
June 22, 2020
Last week saw a number of important data releases come in above expectations, notably May’s retail sales report and June’s home builder confidence report. This will be another busy week for economic updates, with highlights on home sales, May’s durable goods orders report, and the personal income and spending reports for May.
Last week saw a number of important economic updates, with a focus on inflation, the Fed’s June meeting, and consumer confidence. June’s consumer confidence report was a highlight, revealing better-than-expected results that bode well for consumer spending growth. This week, which will be relatively quiet, will include important updates on May retail sales and the housing market in May and June.
Last week’s economic updates showed a stabilizing economy in May, with solid results for business confidence and employment during the month as highlights. This week, important reports will focus on inflation, the rate decision from the Fed’s June meeting, and consumer confidence.
What can we expect to see with the markets by the end of the year? I discussed this and more Friday on Yahoo Finance’s The Final Round.
Last week’s economic updates came in mixed, with the solid results for consumer confidence in May offset by historically bad spending figures in April. Once again, this week will be packed with updates, with a focus on business confidence, international trade, and the May employment report.
How has the coronavirus impacted jobless claims and the markets? I discussed this and more today on Yahoo Finance’s On the Move.
