Business Week Index: The Week Ahead

INSTALLMENT CREDIT
      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 
      borrowings.
      
      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.
      
      RETAIL SALES
      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.
      
      INDUSTRIAL PRODUCTION
      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%.
      

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