Will This Week’s Retail Reports Help Investors Decode the Mystery of the U.S. Economy?
May 12, 2008 at 12:16 PM EDT
The U.S. retail sector will be in the spotlight this week, as investors continue their efforts to gauge the health of the U.S. economy. Such key retailers as Wal-Mart Stores Inc. (WMT), Macy’s Inc., JP Penney Co. Inc., Abercrombie & Fitch Co., and Nordstrom Inc. (JWN) all are scheduled to report quarterly earnings. Then there’s the April retail-sales data, which will give economists and investors alike a good look at the mindset of the U.S. consumer. After all, consumer activity accounts for as much as 70% of the U.S. economy’s growth. With the retail-sales numbers, however, keep in mind that the steeply escalating… SHARETHIS.addEntry({ title: "Will This Week’s Retail Reports Help Investors Decode the Mystery of the U.S. Economy?", url: "http://jutiagroup.com/2008/05/12/will-this-week%e2%80%99s-retail-reports-help-investors-decode-the-mystery-of-the-us-economy/" });