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The Week Ahead


INTERNATIONAL TRADE

Tuesday, May 13, 8:30 a.m. EDT -- The March foreign trade deficit probably held steady at $40.2 billion, says the median forecast of economists surveyed by MMS International.

RETAIL SALES

Wednesday, May 14, 8:30 a.m. EDT -- Retail sales probably grew 0.4% in April. Excluding vehicles, sales very likely rose a smaller 0.2%.

PRODUCER PRICE INDEX

Thursday, May 15, 8:30 a.m. EDT -- In April, producer prices most likely fell 0.1%. Excluding food and energy, prices probably rose 0.1%.

INDUSTRIAL PRODUCTION

Thursday, May 15, 9:15 a.m. EDT -- Factory output is expected to have contracted 0.4% in April, after a 0.5% drop in March. The average operating rate most likely was 74.5%.

NEW RESIDENTIAL CONSTRUCTION

Friday, May 16, 8:30 a.m. EDT -- April housing starts probably eased to an annual rate of 1.71 million, after rebounding to a pace of 1.78 million in March.

CONSUMER PRICE INDEX

Friday, May 16, 8:30 a.m. EDT -- April consumer prices for goods and services most likely inched up 0.1%. Excluding food and energy, core inflation probably rose by 0.2%.


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