This week: Retail sales, United Airlines and Netflix earnings

Release time：2024-05-17 20:33:53 Source：Earthly Echo news portal

Retail receipts

On Monday, the government releases its report on retail sales for the month of March.

After pulling back in January, Americans picked up their spending a bit in February, but the 0.6% gain was weaker than expected and suggested that consumers are growing more cautious with their money. Wall Street expects retail sales rose about 0.4% last month March.

Retail sales, monthly percent change, seasonally adjusted:

Oct.: -0.3

Nov.: 0.0

Dec.: 0.4

Jan.: -1.1

Feb.: 0.6

March (est.): 0.4

Source: FactSet

United reports

On Tuesday, United Airlines issues its first-quarter earnings report after the bell.

Analysts project United lost 58 cents per share last quarter, the slowest travel period of the year. A year ago United lost 63 cents per share. United announced in March that federal regulators were increasing their oversight of the airline following a series of issues including a piece of the outer fuselage falling off one jet, an engine fire and a plane losing a tire during takeoff.

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