Heads up: Dropping oil prices helped fuel last week's stock-market rally. But there are plenty of other economic factors at work out there...
Heads up: Dropping oil prices helped fuel last week’s stock-market rally. But there are plenty of other economic factors at work out there and this week will get updates on many of them, including: trade deficit on Tuesday, the retail-sales report Wednesday, the consumer price index (inflation) Thursday and Friday, figures on industrial production and the University of Michigan’s closely watched index of consumer sentiment.
Tuesday: The regional and statewide unemployment rates for July are released. In June, the state jobless rate rose slightly to 5.5 percent, which matched the national figure. The Seattle-area rate was lower at 3.9 percent. We’ll see if those trends continue. … A consortium of international investors will file a rebuttal to opposition from the Attorney General’s Public Counsel to their acquisition of Puget Energy.
Thursday: Seattle-based Nordstrom releases its second-quarter financial results. A 1:30 p.m. conference call with analysts will be webcast at the investor relations portion of www.nordstrom.com.