Economic Events on August 16, 2010

At 8:30 AM EDT, the Empire State manufacturing index for August will be released.  The consensus is that the index value will be 8, which would be an increase of 3 points from July and still indicates economic growth, but is well below June’s level.

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

At 10:00 AM EDT, the Housing Market Index for August 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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