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Business Week Index
THE WEEK AHEAD
Tuesday, May 14, 8:30 a.m.EDT -- Retail sales rose a small 0.2% in April, says
the median forecast of economists polled by MMS International, one of The
McGraw-Hill Companies. Weak car buying offset gains elsewhere. Sales rose only
0.1% in March.
CONSUMER PRICE INDEX
Tuesday, May 14, 8:30 a.m.EDT -- Consumer prices likely jumped 0.4% in April,
led by a surge in gasoline prices. Excluding food and energy, core prices
probably rose just 0.2%. In March, the total CPI increased 0.4%, while the core
was up 0.3%.
Wednesday, May 15, 9:15 a.m.EDT -- Output rose 0.4% in April, after the strike
at General Motors Corp. contributed to a 0.5% drop in March. The operating rate
likely rose to 82.7% in April, from 82.5% in March.
Wednesday, May 15, 10 a.m.EDT -- Inventories at factories, wholesalers, and
retailers were likely unchanged in March.
Thursday, May 16, 8:30 a.m.EDT -- Housing starts probably fell to an annual
rate of 1.43 million in April. Starts fell 3.9% in March, to a 1.45 million
PRODUCTIVITY AND COSTS
Thursday, May 16, 10 a.m.EDT -- Output per hour worked probably jumped at an
annual rate of 3% in the first quarter, after falling 0.8% in the fourth. Unit
labor costs were likely flat last quarter.
Friday, May 17, 8:30 a.m.EDT -- The foreign trade deficit for goods and
services probably widened slightly, to $8.3 billion in March from $8.2 billion