Economic Events on March 17, 2011

At 8:30 AM EDT, the U.S. government will release its weekly Jobless Claims report.  The consensus is that there were 385,000 new jobless claims last week, which would would be 12,000 less than the number released last week.

Also at 8:30 AM EDT, the Consumer Price Index report for February will be released.  The consensus is that CPI increased by 0.4% last month, with a 0.1% increase in CPI when food and energy are removed.

At 9:15 AM EDT, the Industrial Production report for February will be released.  The consensus is that there will be an increase 0f 0.6% in production and an increase of 0.4% in industrial capacity utilization.

At 10:00 AM EDT, the Leading Indicators report for February will be released.  The consensus is that this index increased by 1.0% last month, which would be the seventh month of improvement in a row.

Also at 10:00 AM EDT, the Philadelphia Fed Survey report for March will be released.  The consensus is that the index will be at 32, which would be an decrease of 3.9 points from the previous month.

At 10:30 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 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.