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The Week Ahead


CONSUMER PRICE INDEX

Tuesday, Dec. 17, 8:30 a.m. EST -- Consumer prices for goods and services very likely rose 0.2% in November. That's based on the median forecast of economists surveyed by MMS International. Minus food and energy, core inflation probably grew 0.2% as well.

NEW RESIDENTIAL CONSTRUCTION

Tuesday, Dec. 17, 8:30 a.m. EST -- Housing starts during November very likely picked back up to an annual rate of 1.66 million.

INDUSTRIAL PRODUCTION

Tuesday, Dec. 17, 9:15 a.m. EST -- Factory output in November is forecast to have slipped 0.1%, after a 0.8% fall in the prior month. The average operating rate most likely inched up to 75.4% from 75.2% in October.

INTERNATIONAL TRADE

Wednesday, Dec. 18, 8:30 a.m. EST -- The foreign trade deficit probably narrowed to $37.8 billion in October, from $38 billion in September.

LEADING INDICATORS

Thursday, Dec. 19, 10 a.m. EST -- The Conference Board's index of leading indicators most likely rose 0.4% in November.

FEDERAL BUDGET

Thursday, Dec. 19, 2 p.m. EST -- The federal government is expected to report a deficit of $60 billion for November.


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