Economic Events on May 13, 2010

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 440,000 new jobless claims last week, which would be slightly less than the number reported last week, and would continue the trend of slightly improving employment statistics.

Also at 8:30 AM EDT, the monthly Import and Export Prices index for April will be released, providing some data that can be used to monitor the threat of inflation.

At 10:00 AM EDT, the weekly Energy Information Administration Natural Gas Report will be released, giving an update on natural gas inventories in the United States.

At 12:30 PM EDT, Federal Reserve Chairman Ben Bernanke will speak at the Philadelphia Federal Reserve Bank’s conference on community development withDeputy Chairman Jeremy Nowak.

At 4:30 PM EDT, the Federal Reserve will release its Money Supply report, showing the amount of liquidity available in the U.S. economy.

Also at 4:30 PM EDT, the Federal Reserve will release its Balance Sheet report, showing the amount of liquidity the Fed has injected into the economy by adding or removing reserves.

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