Business Week Index
THE WEEK AHEAD
PRODUCER PRICE INDEX
Tuesday, Dec. 12, 8:30 a.m. -- Producer prices of finished goods likely rose
0.2% in November, after slipping 0.1% in October. That's the median forecast of
economists surveyed by MMS International, one of The McGraw-Hill Companies.
Excluding food and energy, core producer prices in November probably rose 0.2%,
after showing no change in October.
Wednesday, Dec. 13, 8:30 a.m. -- Retail sales probably rose 0.4% in November,
helped in part by healthy sales of motor vehicles and early holiday shopping.
Retail sales fell 0.2% in October, but the volatile retail data are often
revised in subsequent reports. Excluding cars, retail buying probably rose
0.4%, after falling 0.5% in October.
CONSUMER PRICE INDEX
Thursday, Dec. 14, 8:30 a.m. -- The MMS median forecast projects that consumer
prices climbed by 0.2% in November, following a modest 0.3% gain in October.
Excluding food and energy prices, the core CPI probably also rose 0.2% last
month, from an increase of 0.3% in October.
Thursday, Dec. 14, 9:15 a.m. -- Output at factories, mines, and utilities was
likely unchanged in November, after falling 0.4% in October. That's suggested
by the decline in output already reported by the National Association of
Purchasing Management. Capacity use likely was unchanged from October's level
Thursday, Dec. 14, 10 a.m. -- Inventories held by manufacturers, wholesalers,
and retailers probably rose 0.3% in October, the same increase posted in
September. The expected rise would be a sign that the inventory correction is
taking longer than initially expected. Business sales were probably little
changed in October, after rising 0.4%. That's suggested by weak retail sales
for the month.