A look at some of the key business events and economic indicators upcoming this week:
EYE ON CONSUMERS
Economists expect this month's index will show a reading of 132.5. That would be the highest reading since August. Continued strength in the job market and low unemployment has helped keep the index elevated. A reading of 90 or better reflects a healthy economy.
Consumer confidence, by month:
Sept. 126.3
Oct. 126.1
Nov. 126.8
Dec. 128.2
Jan. 131.6
Feb. (est.) 132.5
Source: FactSet
Lower mortgage rates helped boost sales of new homes in 2019 after a weak start to the year.
All told, sales of newly built
New home sales, seasonally adjusted annual rate, by month:
Aug. 708,000
Sept. 725,000
Oct. 705,000
Nov. 697,000
Dec. 694,000
Jan. (est.) 710,000
Source: FactSet
STRONG FINISH?
Analysts predict the consumer electronics retailer will report Thursday that its fiscal fourth-quarter earnings and revenue increased from a year earlier. That would echo the company's results in the previous three quarters. Investors will be listening for an update on
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