The Week Ahead
Wednesday, Mar. 12, 8:30 a.m. EST -- The January foreign trade deficit is forecast to have narrowed to $40.3 billion, from $44.2 billion. That's based on the median forecast of economists surveyed by MMS International.
Thursday, Mar. 13, 8:30 a.m. EST -- February retail sales most likely declined 0.1%, while sales excluding vehicles probably rose by 0.2%. In January, retail sales dropped 0.9% on retreating vehicle sales. Minus autos, however, retail sales grew by a strong 1.3%.
Friday, Mar. 14, 8:30 a.m. EST -- December inventories probably rose by 0.2%, following a 0.6% increase in December.
PRODUCER PRICE INDEX
Friday, Mar. 14, 8:30 a.m. EST -- Higher energy costs probably pushed February producer prices up 0.7%. Excluding food and energy, prices most likely rose 0.2%.
Friday, Mar. 14, 9:15 a.m. EST -- Factory output is expected to have held steady in February, following a 0.7% increase during January. The average operating rate most likely held steady as well, at 75.7%.