Week Ahead: Housing, Consumer Confidence, GDP
by admin on Saturday, May 21st, 2011 | No Comments
Week Ahead: Housing, Consumer Confidence, GDP
Data related to housing, consumer confidence and economic growth will all be eyed next week by investors looking for signs that the U.S. economy is strengthening.
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Euro-zone May Consumer Confidence Rises
LONDON — The European Commission’s preliminary measure of consumer confidence in the 17-nation euro zone rose unexpectedly in May to -9.7 from -11.6 in April, the commission said Friday. Economists surveyed by Dow Jones Newswires had expected the index to decline to -12. “The marked improvement in euro-zone consumer confidence in May is welcome news given the importance of consumer spending to …
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