Economy Week Ahead: Factories, Inflation and Consumer Spending in Focus


Demand for U.S. factory goods has been strong during the recent expansion, with consumers and businesses spending heavily on autos, appliances, equipment and other goods. The Commerce Department’s report on new orders for durable goods—products designed to last at least three years—will show whether soaring prices, rising interest rates and an uncertain economic outlook weighed on demand in May.


The S&P CoreLogic Case-Shiller home-price index is expected to show housing costs continued to climb at an elevated rate in April. Separate figures out last week showed record prices for existing-home sales in May as demand from buyers exceeded unusually low levels of supply.

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