Economic Events on September 14, 2011

The Mortgage Bankers’ Association purchase index will be released at 7:00 AM EDT, providing an update on the quantity of new mortgages and refinancings closed in the last week.

At 8:30 AM EDT, the Producer Price Index for August will be released.  The consensus is that the index decreased 0.1% last month, and increased 0.2% when food and energy are excluded.

Also at 8:30 AM EDT, the Retail Sales report for August will be released.  The consensus is that retail sales were 0.2% higher last month, after a 0.3% increase in the previous month.

At 10:00 AM EDT, the Business Inventories report for July will be released.  The consensus is that inventories increased 0.5% from the previous month.

At 10:30 AM EDT, the weekly Energy Information Administration Petroleum Status Report will be released, giving investors an update on oil inventories in the United States.

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