As If Earnings Weren’t Enough, the Economic Calendar is Full
Apr 14th, 2008 | By Rick Pendergraft | Category: Politics & EconomicsIn addition to all the earnings reports mentioned above, the economic calendar is full with important reports this week. Among those that jump out at me are the Producer Price Index, Consumer Price Index, the Philly Fed Survey, and Leading Indicators.
The Producer Price Index for March will be released tomorrow morning and it is expected to show a slightly larger increase over the February report. Analysts are looking for an increase of 0.4 percent after a 0.3 percent increase in February.
The Consumer Price Index report comes out on Wednesday and analysts are expecting a larger uptick in the CPI than in the PPI. In February, the CPI was flat compared to January. The March report is expected to show an increase in inflation at the consumer level of 0.3 percent.
Both the Leading Indicators report and the Philly Fed Survey will be released on Friday. The leading indicators report for March is expected to come in at 0.1 percent, which would mark the first time in six months that this report was positive.
I am not holding my breath that it will come in positive though. The Philly Fed Survey for April is expected to come in at -14.0, which isn’t as bad as the March reading of -17.4.
|
Date |
Time (ET) |
Statistic |
For |
Market Expects |
Prior |
|
14-Apr |
8:30 AM |
Retail Sales |
Mar |
0.10% |
-0.60% |
|
14-Apr |
8:30 AM |
Retail Sales ex-auto |
Mar |
0.20% |
-0.20% |
|
14-Apr |
10:00 AM |
Business Inventories |
Feb |
0.40% |
0.80% |
|
15-Apr |
8:30 AM |
PPI |
Mar |
0.40% |
0.30% |
|
15-Apr |
8:30 AM |
Core PPI |
Mar |
0.20% |
0.50% |
|
15-Apr |
8:30 AM |
NY Empire State Index |
Apr |
-16 |
-22.2 |
|
16-Apr |
8:30 AM |
CPI |
Mar |
0.30% |
0.00% |
|
16-Apr |
8:30 AM |
Core CPI |
Mar |
0.20% |
0.00% |
|
16-Apr |
8:30 AM |
Housing Starts |
Mar |
1025K |
1065K |
|
16-Apr |
8:30 AM |
Building Permits |
Mar |
970K |
984K |
|
16-Apr |
9:15 AM |
Industrial Production |
Mar |
-0.10% |
-0.50% |
|
16-Apr |
9:15 AM |
Capacity Utilization |
Mar |
80.40% |
80.40% |
|
16-Apr |
2:00 PM |
Fed’s Beige Book |
- |
- |
- |
|
17-Apr |
10:00 AM |
Leading Indicators |
Mar |
0.10% |
-0.30% |
|
17-Apr |
10:00 AM |
Philadelphia Fed |
Apr |
-14 |
-17.4 |
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