Business Week Index
THE WEEK AHEAD
CONSUMER PRICE INDEX
Tuesday, Sept. 16, 8:30 a.m.EDT -- Consumer prices for August are expected to
have risen 0.3%, based on the median forecast of economists surveyed by MMS
International, a unit of The McGraw-Hill Companies. The CPI increased 0.2% in
July. Rising energy costs probably boosted the August gain. Excluding energy
and foods, the core index is projected to have risen by 0.2%, the same as in
Tuesday, Sept. 16, 8:30 a.m.EDT -- Inventories held by manufacturers,
wholesalers, and retailers are expected to have risen 0.3% in July, based on
the MMS survey, after June's 0.7% rise. Business sales likely increased at a
faster rate, given the 1.7% jump in July factory shipments.
Tuesday, Sept. 16, 9:15 a.m.EDT -- The MMS poll projects that industrial output
in August rose 0.5%, after July's 0.2% gain. As a result, the operating rate is
expected to have increased, to 83.3% from 83.1%.
Wednesday, Sept. 17, 8:30 a.m.EDT -- Builders are expected to have broken
ground on new homes in August at an annual rate of 1.45 million, says the MMS
poll, about the same pace as in July.
Wednesday, Sept. 17, 2 p.m.EDT -- The Federal Reserve will release its latest
survey of business conditions in each of the 12 Fed districts. The summary is
prepared for the upcoming policy meeting on Sept. 30, and it will be
scrutinized by the markets for signs of the Fed's policy intent.
Thursday, Sept. 18, 8:30 a.m.EDT -- The trade deficit for goods and services in
July is projected to have widened to $9.5 billion, according to the MMS survey.
The gap had narrowed sharply in June, to $8.2 billion. The forecasts expect
exports to have fallen and imports to have increased.