Retail Sales Seen Down in May -- Data Week Ahead

BY Dow Jones & Company, Inc. | ECONOMIC | 06/11/21 02:16 PM EDT

The following are forecasts for next week's U.S. data from a survey compiled by The Wall Street Journal.

The FOMC announcement is scheduled for Wednesday at 2:00 p.m. ET, followed by a press conference with Fed Chairman Jerome Powell at 2:30 p.m. ET.

DATE      TIME  RELEASE                    PERIOD     CONSENSUS    PREVIOUS
          (ET)
Tuesday   0830  Retail Sales                May      -0.7%   (18)  +0.0%
                  -- ex autos               May      +0.5%   (16)  -0.8%
          0830  Producer Price Index        May      +0.5%   (15)  +0.6%
                  -- ex food & energy       May      +0.4%   (14)  +0.7%
                  -- ex food, energy, trade May      +0.6%   (4)   +0.7%
          0830  NY Fed Empire Mfg Svy       Jun       22.3   (8)    24.3
          0915  Industrial Production       May      +0.5%   (16)  +0.7%
          0915  Capacity Utilization        May       75.0%  (14)   74.9%
          1000  Business Inventories        Apr      -0.1%   (9)   +0.3%
          1000  Housing Mkt Index           Jun       83     (9)    83
Wednesday 0830  Housing Starts              May       1.63M  (15)   1.569M
                  -- percent change         May      +3.9%         -9.5%
          0830  Building Permits            May       1.73M  (7)    1.76M
                  -- percent change         May      -1.7%         +0.3%
          0830  Import Prices               May      +0.6%   (8)   +0.7%
Thursday  0830  Jobless Claims              Jun 12    363K   (10)   376K
          0830  Phila Fed Mfg Svy           Jun       31.0   (9)    31.5
          1000  Leading Index               May      +1.3%   (10)  +1.6%

(Figures in parentheses refer to number of economists surveyed.)

Write to Donna Huneke at dataweekahead@wsj.com


  (END) Dow Jones Newswires
  06-11-21 1416ET
  Copyright (c) 2021 Dow Jones & Company, Inc.

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