Although earnings reports will continue to flood in this week, gross domestic product readings in Canada and the United States will also capture the attention of the market.

The flow of Canadian economic news won’t start until Wednesday when Bank of Canada deputy governor Pierre Duguay addresses the Gatineau Chamber of Commerce.

On Thursday, Statistics Canada reports on the industrial product and raw materials price indexes for March. Economists expect increases of 0.9% and 3.5%, respectively.

On Friday, StatsCan releases the February GDP report.

CIBC’s Warren Lovely forecasts 0.4% growth for the month, after Statistics Canada reported Thursday that retail sales for February vaulted over $30 billion to a record.

“Retailing will remain a key bright spot, with real sales surging 1.7% on the heels of January’s 2%-plus spike,” he wrote in a note to clients.

There’s a fuller agenda south of the border. On Monday, the U.S. National Association of Realtors reports on existing home sales in March. Economists expect annualized sales of 6.8 million.

On Tuesday, the U.S. Conference Board issues its consumer confidence report for April. Economists expect a reading of 98.

As well, the U.S. Commerce Department reports on new home sales in March. Economists expect annualized sales of 1.2 million.

On Wednesday, Commerce reports on durable goods orders in March. Economists expect an increase of 0.3%.

The big day is Thursday, when Commerce reports on GDP in the first quarter.

Analysts expect the advance reading on first-quarter real GDP is expected to show Thursday that the economy grew at a 3.4% pace. At the high end of estimates, TD Bank Financial Group’s Beata Caranci forecasts growth of 4%.

“Although a number of data reports for the final month of the first quarter were not all that impressive, there was plenty of kick at the start of the year to still underpin a 4.0% pace of growth in GDP,” she wrote in a note to clients.

Also Thursday, the U.S. Labor Department reports on initial jobless claims in the week ending April 23. Economists expect 318,000 new claims.

On Friday, the Commerce Department reports on personal income and spending in March. Economists expect increases of 0.4% in both categories.

The Chicago arm of the National Association of Purchasing Managers releases its index of manufacturing activity in April. Economists expect a reading of 62.5.

The University of Michigan releases its final consumer sentiment index for April. Economists expect a reading of 89.

Corporate earnings reports will continue to flood in this week, with Microsoft, Barrick Gold, and a slew of oil and gas companies set to open the books on their latest quarters.

By next Friday, 372 of the companies on the S&P 500 composite index will have released results, just under 75%.

In Canada, Petro-Canada, EnCana, Suncor Energy, Teck Cominco, Noranda, Placer Dome, TSX Group, Nexen, Potash Corp. of Saskatchewan, WestJet Airlines, Molson Coors Brewing and Sun Life Financial will report their results.