Economic Events on June 15, 2010

At 7:45 AM EDT, the weekly ICSC-Goldman Store Sales report will be released, giving an update on the health of the consumer through this analysis of retail sales.

At 8:30 AM EDT, the Empire State manufacturing index for June will be released.  The consensus is that the index value will be 21, which would be an increase of almost 2 points from May, but still well below April’s value.

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 8:55 AM EDT, the weekly Redbook report will be released, giving us more information about consumer spending.

At 9:00 AM EDT, the Treasury International Capital report for April will be released, showing the flow of capital in and out of the United States economy.

At 1:00 PM EDT, the Housing Market Index for May will be announced.  This index is created from a survey of homebuilders, so it shows the confidence that the sector has in the overall economy and their business.

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