Key Economic Indicators to Monitor: Retail Sales, Housing Confidence, and La-Z-Boy Earnings

Reported about 10 hours ago

Investors should focus on several key reports on June 17, including US retail sales data for May, which is expected to show a 0.6% decline, indicating reduced consumer spending amid economic uncertainties. Additionally, the June homebuilder confidence index will be released, anticipated to rise slightly but still reflect overall pessimism in the housing market. La-Z-Boy is also set to announce its fourth-quarter earnings, with analysts projecting a revenue of $558 million and adjusted earnings per share of 93 cents, amidst declining annual revenue.

Source: YAHOO

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