Magazine

The Week Ahead


RETAIL SALES

Tuesday, May 14, 8:30 a.m. EDT -- Retail sales in April are forecast to have risen 0.7%, while sales excluding autos probably increased 0.4%. That's based on the median forecast of economists surveyed by Standard & Poor's MMS, a unit of The McGraw-Hill Companies. March retail sales increased 0.2%, and sales minus vehicles grew 0.4%.

CONSUMER PRICE INDEX

Wednesday, May 15, 8:30 a.m. EDT -- Consumer prices for goods and services during April probably increased 0.4%, after a 0.3% gain in March. Excluding food and energy, core prices in April are expected to have risen 0.2%, after inching up 0.1% in March.

BUSINESS INVENTORIES

Wednesday, May 15, 8:30 a.m. EDT -- Inventories very likely fell again during March, by 0.2%.

INDUSTRIAL PRODUCTION

Wednesday, May 15, 9:15 a.m. EDT -- Factory output in April is forecast to have grown 0.4%, after surging 0.7% in March. The average operating rate probably reached 75.6% in April, after rising to 75.4% in March.

NEW RESIDENTIAL CONSTRUCTION

Thursday, May 16, 8:30 a.m. EDT -- Housing starts probably slipped 1.2% in April, to an annual rate of 1.63 million.

INTERNATIONAL TRADE

Friday, May 17, 8:30 a.m. EDT -- The trade deficit probably widened to $31.8 billion in March. The strengthening economy has caused the trade gap to grow as imports increase.


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