Wall Street to focus on shoppers this week »
Posted By Eagle_Eye 3 months, 3 weeks ago in Business & FinanceNEW YORK - Now that housing and even unemployment are showing signs of improvement, Wall Street wants consumers to do their part to heal the economy.
Investors get some insight this week into how consumers are spending from a government report on July retail sales. They'll also find out if consumers helped major retailers including Wal-Mart Stores Inc. and Macy's Inc. join the stream of companies that reported better-than-expected second-quarter earnings and forecasts.
"What we'll see now is close attention to consumer behavior," said Joe Heider, president of Dawson Wealth Management in Cleveland.
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