Dive Summary:

• Economist is expecting a probable rise in retail revenue as many industry sales figures will be released this week. An improving job market and consumers confidence are said to be the potential contributing factors in the increase.
• Household wealth for Americans climbed to record totals and the highest level since pre-recession figures, according to a report issue by the U.S. Federal Reserve last week.
• The expected increase of 0.4% follows the rise in revenue from last month’s total increase of 0.1% and would be the largest boost to retail revenues in nearly three months, according to economists.

From the article:

That is giving confidence a boost. The Thomson Reuters/University of Michigan consumer sentiment index held at a six-year high of 84.5 percent this month, according to the median forecast of economists surveyed by Bloomberg before a preliminary report due Friday. Growing car sales may have helped manufacturing output improve last month, economist project data from the Fed will show the same day.