The Week Ahead, May 11-16
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Bouncing back? In March local job growth slowed to its lowest level in a year. Did employers begin to ramp up hiring after spring rolled in? Some answers come Thursday when the state Labor Department releases Long Island jobs created in April.
MONDAY: Earnings from Lake Success car-industry software maker Dealertrack Technologies and Long Beach payments processor Planet Payment.
TUESDAY: The Commerce Department will offer some clues if consumer spending heated up after the cold winter ended when it releases retail sales for April.
WEDNESDAY: Producer prices for April from the Labor Department. Earnings: Hauppauge consumer electronics seller Voxx International, Cisco Systems.
THURSDAY: Two reports from the U.S. Labor Department: jobless benefits claims for the week ended May 10 and consumer prices for April. Also, the Federal Reserve Bank of New York releases the May Empire State survey, an update on New York manufacturing. And U.S. Federal Reserve chair Janet Yellen speaks at an event hosted by the Small Business Administration. Earnings: Islandia business software maker CA Technologies, Nordstrom, Kohl’s, Wal-Mart Stores.
FRIDAY: Housing starts for April from the Commerce Department and consumer sentiment in early May from the University of Michigan.