The Week Ahead
Tuesday, Feb. 13, 8:30 a.m. EST -- Retail sales in January probably grew by 0.4%, according to the median forecast of economists surveyed by Standard & Poor's MMS, a unit of The McGraw-Hill Companies. Excluding autos, sales likely grew by a similar 0.4% pace. December total retail sales grew at 0.1%, while nonauto sales were unchanged.
Wednesday, Feb. 14, 8:30 a.m. EST -- Inventories held by businesses probably rose by 0.4% in December. Stock levels grew by 0.5% in November and 0.7% in October.
Thursday, Feb. 15, 8:30 a.m. EST -- Prices for both exported and imported goods are expected to remain unchanged. Export prices in December fell by 0.1%, while import prices dropped by 0.5%.
PRODUCER PRICE INDEX
Friday, Feb. 16, 8:30 a.m. EST -- Producer prices for finished goods are expected to rise by 0.2% in January. Excluding food and energy, the core PPI likely rose by 0.1%
Friday, Feb. 16, 8:30 a.m. EST -- Housing starts probably fell to an annual rate of 1.53 million in January. The December rate was 1.58 million.
Friday, Feb. 16, 9:15 a.m. EST -- Factory production in January probably remained unchanged from December, while the operating rate fell to 80.4% from 80.6% in December.