Business Outlook: THE WEEK AHEAD
Thursday, July 14, 8:30 a.m.
The MMS median forecast calls for a 0.5% increase in retail sales in June. That would partially reverse the two consecutive declines in store receipts so far in the second quarter. Car and truck sales were little changed last month, and excluding motor vehicles, retail sales probably rose 0.6%, twice as fast as the 0.3% gain in May. Consumers are starting to tire after a nearly yearlong shopping spree.JAMES C. COOPER AND KATHLEEN MADIGAN