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The Week Ahead


Business Week Index

THE WEEK AHEAD

RETAIL SALES

Tuesday, May 13, 8:30 a.m.EDT -- Retail sales were probably flat in April, says

the median forecast of economists surveyed by MMS International, one of The

McGraw-Hill Companies. Excluding vehicles, sales likely edged up 0.2%. In its

annual benchmark revision to the data, released on May 2, the Commerce Dept.

said that total retail buying rose 0.1% in March, not 0.2% as first reported,

while nonauto sales edged up an unrevised 0.5%.

PRODUCER PRICE INDEX

Wednesday, May 14, 8:30 a.m.EDT -- Producer prices of finished goods were

likely unchanged in April, after falling 0.1% in March. Excluding food and

energy, core prices likely rose 0.1% in April, on top of a larger-than-expected

0.4% gain in March.

BUSINESS INVENTORIES

Wednesday, May 14, 8:30 a.m.EDT -- Inventories held by manufacturers,

wholesalers, and retailers probably rose 0.3% in March, the same increase

posted in February. However, in calculating real gross domestic product growth

for the first quarter, the Commerce Dept. estimated that March inventories had

declined.

CONSUMER PRICE INDEX

Thursday, May 15, 8:30 a.m.EDT -- The MMS median forecast is that consumer

prices probably rose by 0.2% in April, after edging up 0.1% in March. Excluding

food and energy, the core CPI likely increased 0.2%, the same advance as in

March.

INDUSTRIAL PRODUCTION

Thursday, May 15, 9:15 a.m.EDT -- Industrial output likely rose 0.3% in April,

after jumping 0.9% in March. But the MMS survey says that capacity use likely

remained at 84.1% in April.

HOUSING STARTS

Friday, May 16, 8:30 a.m.EDT -- Housing starts likely stood at an annual rate

of 1.4 million in April, down from 1.43 million in March.


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