Economic Events on August 12, 2011

At 8:30 AM EDT, the Retail Sales report for July will be released.  The consensus is that retail sales were 0.6% higher last month, after a 0.1% increase in the previous month.

At 9:55 AM EDT, Consumer Sentiment for the first half of August will be announced.  The consensus is that the index will be at 63.0, which would be a decrease of 0.7 points from the level reported in the second half of last month.

At 10:00 AM EDT, the Business Inventories report for June will be released.  The consensus is that inventories increased 0.6% from the previous month.

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