Vital Signs: Scoping the Second Quarter

On deck: April reports on retail sales, consumer prices, industrial production, and housing starts, along with a blitz of Fedspeak

This week offers a big round of major economic reports for April that will set the tone for market assessments of the economy's performance at the start of the second quarter. So far, investors' worst fears about recession have not been realized. Through the first quarter, the economy has put together two consecutive quarters of weak, but positive, economic growth, and inflation outside of energy and food has remained tame. This week's data will help to determine if those trends are continuing.

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