The Week Ahead
CONSUMER PRICE INDEX Tuesday, Sept. 16, 8:30 a.m.EDT -- Consumer prices for August are expected to have risen 0.3%, based on the median forecast of economists surveyed by MMS International, a unit of The McGraw-Hill Companies. The CPI increased 0.2% in July. Rising energy costs probably boosted the August gain. Excluding energy and foods, the core index is projected to have risen by 0.2%, the same as in July. BUSINESS INVENTORIES Tuesday, Sept. 16, 8:30 a.m.EDT -- Inventories held by manufacturers, wholesalers, and retailers are expected to have risen 0.3% in July, based on the MMS survey, after June's 0.7% rise. Business sales likely increased at a faster rate, given the 1.7% jump in July factory shipments. INDUSTRIAL PRODUCTION Tuesday, Sept. 16, 9:15 a.m.EDT -- The MMS poll projects that industrial output in August rose 0.5%, after July's 0.2% gain. As a result, the operating rate is expected to have increased, to 83.3% from 83.1%. HOUSING STARTS Wednesday, Sept. 17, 8:30 a.m.EDT -- Builders are expected to have broken ground on new homes in August at an annual rate of 1.45 million, says the MMS poll, about the same pace as in July. BEIGE BOOK Wednesday, Sept. 17, 2 p.m.EDT -- The Federal Reserve will release its latest survey of business conditions in each of the 12 Fed districts. The summary is prepared for the upcoming policy meeting on Sept. 30, and it will be scrutinized by the markets for signs of the Fed's policy intent. INTERNATIONAL TRADE Thursday, Sept. 18, 8:30 a.m.EDT -- The trade deficit for goods and services in July is projected to have widened to $9.5 billion, according to the MMS survey. The gap had narrowed sharply in June, to $8.2 billion. The forecasts expect exports to have fallen and imports to have increased.
Before it's here, it's on the Bloomberg Terminal. LEARN MORE