The Week in Preview: Employment, Housing, Manufacturing, Earnings Expectations

Filed under: Earnings Reports, Forecasts, Economic Data

Investors nervous about the possibly stalled economic recovery -- or worse, the beginning of the latter phase of a double-dip recession -- were not pleased with last week's housing numbers. Things were perhaps ameliorated somewhat by durable goods order numbers and a revised GDP that weren't as bad as expected, but that didn't stop the Dow from dipping below 10,000 later in the week, before fighting its way back above the benchmark to end the week, thanks largely to Fed chair Bernanke's comments on Friday.

Though the end of August is usually quiet, this week lots more economic data are due out, including more housing numbers: The Case-Shiller Home Price Index for June on Tuesday, construction spending numbers for July on Wednesday, and NAR's pending home sales for July on Thursday. There's not expected to be much to get excited about in these numbers.

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The Week in Preview: Employment, Housing, Manufacturing, Earnings Expectations originally appeared on BloggingStocks on Sun, 29 Aug 2010 12:30:00 EST. Please see our terms for use of feeds.

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