Business Week Index
THE WEEK AHEAD
CONSUMER PRICE INDEX
Tuesday, Apr. 15, 8:30 a.m.EDT -- Consumer prices of goods and services
probably increased a small 0.2% in March, says the median forecast of
economists surveyed by MMS International, one of The McGraw-Hill Companies.
Prices rose 0.3% in February. Excluding food and energy, the core consumer
price index was likely up 0.3% in March, on top of a 0.2% gain in February.
Tuesday, Apr. 15, 8:30 a.m.EDT -- Inventories held by manufacturers,
wholesalers, and retailers likely increased 0.3% in February. Factories already
have reported a 0.4% gain in their stock levels, but the sharp increase in
consumer demand last quarter suggests that retail inventories were drawn down
in February. In January, business inventories were up just 0.1%.
Wednesday, Apr. 16, 8:30 a.m.EDT -- The MMS survey projects that housing starts
slipped to an annual rate of 1.46 million in March, after surging 12.2% in
February, to a 1.53 million pace.
Wednesday, Apr. 16, 9:15 a.m.EDT -- Output at factories, mines, and utilities
probably increased 0.5% in March, the same solid increase posted in February,
says the MMS report. The March advance is suggested by the increase in hours
worked in the factory sector. Consequently, the average operating rate for all
industry likely edged up to 83.5% in March, from 83.3% in February.
Thursday, Apr. 17, 8:30 a.m.EDT -- The trade deficit for goods and services
probably narrowed to $11 billion in February, after jumping to $12.7 billion in
January. Exports probably increased slightly after falling for two consecutive
months. And imports likely fell after advancing 2.2% in January. The
foreign-trade sector of the economy probably subtracted heavily from growth in
the first quarter.