Business Week Index
THE WEEK AHEAD
Tuesday, Feb. 27, 8:30 a.m.EST -- Retail sales probably fell 0.2% in January,
according to the median forecast of economists surveyed by MMS International,
one of The McGraw-Hill Companies. Sales edged up a small 0.3% in December, but
the blizzard kept many shoppers stuck at home for part of January. In
particular, vehicle purchases fell. Excluding cars, retail sales probably
increased 0.1% in January, after rising 0.2% in December.
PRODUCER PRICE INDEX
Tuesday, Feb. 27, 8:30 a.m.EST -- Producer prices of finished goods likely rose
0.4% in January, after rising 0.5% in December.
Tuesday, Feb. 27, 10 a.m.EST -- The Conference Board's index of consumer
confidence likely rebounded to 89 in February, after dropping 12 points to 87
CONSUMER PRICE INDEX
Wednesday, Feb. 28, 8:30 a.m.EST -- Consumer prices increased 0.3% in January,
after edging up 0.2% in December, forecasts the MMS survey. Excluding food and
energy, prices likely rose 0.2% in January, on top of a 0.1% gain in December.
Wednesday, Feb. 28, 8:30 a.m.EST -- The trade deficit for goods and services
likely widened to $8.2 billion in December. The gap narrowed sharply to $7.1
billion in November, from $8.2 billion in October.
Wednesday, Feb. 28, 10 a.m.EST -- Inventories held by manufacturers,
wholesalers, and retailers probably grew 0.1% in December, says the MMS survey,
the same gain as in November.
Friday, Mar. 1, 10 a.m.EST -- The National Association of Purchasing
Management's industrial index likely stood at 45.5% in February, hardly better
than the recessionary 44.2% reading in January.