Business Week Index: THE WEEK AHEAD
BusinessWeek Index: THE WEEK AHEAD
Monday, July 10 -- Consumers probably added about $8 billion to their debt
levels in May. That would be down from the huge $11 billion increase in April.
Slower retail sales in May suggest that consumers have started to trim their
PRODUCER PRICE INDEX
Thursday, July 13, 8:30 a.m. -- Producer prices of finished goods likely rose
a modest 0.2% in June after no change in May, according to the median forecast
of economists surveyed by MMS International, one of the McGraw-Hill Cos.
Gasoline probably led the increase. Excluding food and energy, core producer
prices are expected to have risen by 0.3%, the same advance as in May.
CONSUMER PRICE INDEX
Friday, July, 14, 8:30 a.m. -- Consumer prices probably rose 0.3% in June,
the same gain as in May, forecasts the MMS survey. Excluding food and energy,
prices were probably also up 0.3%, up from a 0.2% rise in May. Apparel prices,
which have not increased since January, may have bounced back a bit in June.
Friday, July 14, 8:30 a.m. -- Retail sales probably increased by 0.5% in
June. That's suggested by the weekly reports from retailers and by the rise in
motor-vehicle sales. Store receipts edged up just 0.2% in May after falling
0.3% in April.
Friday, July, 14, 9:15 a.m. -- Output at factories, mines, and utilities
probably rose 0.1% in June, says the MMS survey. That's suggested by the
lackluster data on industrial activity reported by the National Association of
Purchasing Management. Output has fallen for three consecutive months,
including a 0.2% decline in May. As a result, capacity is now much looser.
Operating rates probably fell to 83.5% in June from 83.7% in May. In January,
the rate was a high 85.5%.