The Week Ahead
Thursday, Nov. 14, 8:30 a.m. EST -- Retail sales most likely rose 0.2% in October. That's based on the median forecast of economists surveyed by MMS International. In September, a sharp drop in vehicle sales led to a 1.2% decline in sales. Excluding vehicles, October sales probably increased 0.3%, after inching up 0.1% during September.
Thursday, Nov. 14, 8:30 a.m. EST -- Import prices in October are forecast to have increased by 0.3%. In September, import prices climbed 0.7%, on a 6% jump in petroleum prices. Export prices in October probably edged up 0.2% for the third straight month.
Friday, Nov. 15, 8:30 a.m. EST -- Inventories probably remained unchanged in September, after slipping 0.1% over August.
PRODUCER PRICE INDEX
Friday, Nov. 15, 8:30 a.m. EST -- Producer prices of finished goods most likely increased 0.2% in October, after edging up 0.1% in September. Excluding food and energy, core prices probably rose 0.1%, after a 0.1% gain in September.
Friday, Nov. 15, 9:15 a.m. EST -- Factory output in October probably fell 0.3%, after a 0.1% decline in September. The average operating rate most likely eased to 75.8%, after slipping to 75.9% in September. Slack capital spending and global economic weakness continue to weigh on manufacturers.