Thursday, August 14, 2008

The Week's Economic Indicator Calendar

Remember, as a general rule, weaker than expected economic data is good for rates, while positive data causes rates to rise.



Economic Calendar for the Week of August 11 – August 15 Date

ET

Economic Report

For

Estimate

Actual

Prior

Impact

Tue. August 12

08:30

Balance of Trade

Jun

-$61.9B



-$59.8B

Moderate

Wed. August 13

08:30

Retail Sales

Jul

0.5%



0.1%

HIGH

Wed. August 13

08:30

Retail Sales ex-auto

Jul

0.6%



0.8%

HIGH

Wed. August 13

10:30

Crude Inventories

8/09

NA



1614K

Moderate

Thu. August 14

08:30

Jobless Claims (Initial)

8/09

438K



455K

Moderate

Thu. August 14

08:30

Core Consumer Price Index (CPI)

Jul

0.2%



0.3%

HIGH

Thu. August 14

08:30

Consumer Price Index (CPI)

Jul

0.4%



1.1%

HIGH

Fri. August 15

08:15

Empire State Index

Aug

-5.0



-4.9

Moderate

Fri. August 15

09:15

Capacity Utilization

Jul

79.8%



79.9%

Moderate

Fri. August 15

09:15

Industrial Production

Jul

0.0%



0.5%

Moderate

Fri. August 15

10:00

Consumer Sentiment Index (UoM)

Aug

62.0



61.2

Moderate

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