Economic Events on May 14, 2010

At 8:30 AM EDT, the Retail Sales report for April will be released.  The consensus is that retail sales increased 0.2% from March.

At 9:15 AM EDT, the Industrial Production report for April will be released.  The consensus is that there will be a gain 0f 0.6% in production and a gain of 0.5% in industrial capacity utilization.

At 9:55 AM EDT, Consumer Sentiment for the first half of May will be announced.  The consensus is that the index will be at 73.8, which would be an increase of 1.6 points from the second half of April.

At 10:00 AM EDT, the Business Inventories report for March will be released.  The consensus is that inventories increased 0.4% from February, which would be the third month of increases in a row as businesses rebuild inventory to handle  increasing demand.

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