Economic Events on December 13, 2011

At 7:30 AM Eastern time, the NFIB Small Business Optimism Index for November will be released, providing information regarding the health and confidence of small businesses in the United States.

At 7:45 AM Eastern time, 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 Eastern time, the Retail Sales report for November will be released.  The consensus is that retail sales were 0.5% higher last month, after a 0.5% gain in the previous month.

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

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

At 2:15 PM Eastern time, the FOMC Meeting Announcement will be made, which will provide insight into how long the Federal Reserve plans to keep their rates target at 0% to 0.25%.  It is assumed that there will be no immediate change in the Fed funds target rate, but any hint that rates could rise in the future could have an impact on the bond market and stock market.

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