The Conference Board releases the latest read on its Consumer Confidence Index Tuesday. Economists surveyed by Reuters expect that, with consumers cheered by the end of the war in Iraq and the rebound in equity prices, the index bumped up to 83.7 in May from April's 81.
Economists expect April existing home sales, due out Tuesday, to have jumped to an annualized 5.67 million rate from March's 5.53 million. Meanwhile, the pace of new home sales is expected to have slowed to an annualized 980,000 from 1,012,000.
April durable goods orders, due out Wednesday, are expected to drop by 1 percent. Much of the expected fall is due to lower defense goods and transportation orders.
Thursday, the government offers up its second take on what first-quarter Gross Domestic Product looked like. Economists reckon GDP growth will be revised upward to 1.8 percent from 1.6 percent.
The University of Michigan offers the final reading on its Consumer Sentiment index Friday. The preliminary reading came in at 93.2.
Economists expect the Chicago Purchasing Managers' Index climbed to 48.5 in May from April's 47.6, registering just a slight improvement in Chicago area manufacturing.
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