The Week Ahead: Consumer credit report, H&R Block earnings, WordCamp Kansas City

Here’s a look at some of the stories Missouri Business Alert is tracking this week:

Monday

Federal Reserve Bank Chair Janet Yellen will deliver a speech on the economic outlook and monetary policy at an event in Philadelphia. Video of the event, which starts at 11:30 Central, is available via live stream.

Gallup will publish its monthly Consumer Spending measure, which offers a look at the average amount Americans spend each day. The figure released May 1 dipped to $93 after April’s came in at $95, the highest yet this year.

Casey’s General Stores will report quarterly earnings.

Tuesday

The Federal Reserve Bank will release its consumer credit report for April. Total outstanding credit is expected to rise $18 billion after a $29.7 billion spike in March, Bloomberg reports.

The Missouri Highways and Transportation Commission commences two days of meetings in Kansas City.

Dave & Buster’s Entertainment will release quarterly results.

Wednesday

The Labor Department will releases its monthly JOLTS report, providing data on U.S. job openings on the heels of last week’s jobs numbers that fell well short of expectations.

Ferrellgas Partners, the Overland Park, Kan.-based propane company, will release quarterly earnings and hold a conference call.

Lululemon Athletica and Restoration Hardware are expected to release earnings.

Thursday

H&R Block, the Kansas City-based tax services company, will announce results for its fourth quarter and all of fiscal 2016, including an update on U.S. tax season. In late April, the company announced plans to lay off 250 in the face of a disappointing tax season.

J.M. Smucker Company and the Mattress Firm also are scheduled to report earnings.

Friday

The University of Michigan will deliver preliminary June data for its consumer sentiment index. The index was strong in May, outperforming other measures of consumer confidence, Bloomberg reports.

Saturday

The fifth annual WordCamp Kansas City continues in Kansas City. The event is focused on WordPress, the open source software used to build close to a quarter of the websites on the internet today. It begins Friday and runs through Sunday.


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