Economy Week Ahead: U.S. Existing-Home Sales, German Business Confidence

Shoppers in San Francisco June 10; Economists expect figures to be released this week will show consumer spending rose in May.

Photo:

David Paul Morris/Bloomberg News

By
WSJ staff

June 20, 2021 3:00 pm ET

Tuesday

U.S. existing-home sales fell in April from the prior month as record-high prices deterred potential buyers. But April sales remained 51.7% higher than the same month a year before. Economists expect another decline in May.

Thursday

Germany’s leading measure of business confidence, compiled by the Ifo research institute, is expected to record another pickup in optimism in June. That would underpin…

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