Thursday, April 11, 2013

Friday: Retail Sales, PPI, Consumer Sentiment

by Calculated Risk on 4/11/2013 08:01:00 PM

Congratulations to Laura Fromme, the 2013 recipient of the Doris "Tanta" Dungey scholarship!

Click on picture for larger image.

Note: For new readers, Tanta was my co-blogger from from Dec 2006 through November 2008. Please see: Sad News: Tanta Passes Away, NY Times: Doris Dungey, Prescient Finance Blogger, Dies at 47 and much more at In Memoriam: Doris "Tanta" Dungey and on the scholarship.

Friday economic releases:
• 8:30 AM ET, Retail sales for March will be released. The consensus is for retail sales to be unchanged in March (following the large increases in January and February), and to increase 0.1% ex-autos.

• Also at 8:30 AM, the Producer Price Index for March will be released. The consensus is for a 0.2% decrease in producer prices (0.2% increase in core).

• At 9:55 AM, the preliminary Reuter's/University of Michigan's Consumer sentiment index for April will be released. The consensus is for a reading of 79.0, up from 78.6.

• At 10:00 AM: Manufacturing and Trade: Inventories and Sales (business inventories) report for February. The consensus is for a 0.4% increase in inventories.

• At 12:30 PM, Speech by Fed Chairman Ben Bernanke, Creating Resilient Communities, At the 2013 Federal Reserve System Community Development Research Conference, Washington, D.C.