Economic Events on April 3, 2012

The figures for motor vehicle sales for March will be released today.  The consensus estimate is that 14.7 million autos were sold last month, which would be 400,000 less than the previous month.

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

At 10:00 AM Eastern time, the Factory Orders report for February will be released.  The consensus is that there was an increase of 1.5% in orders from the previous month.

At 2:00 PM Eastern time, the FOMC Meeting Minutes will be released, which will provide insight into how the Federal Reserve board governors and bank presidents view the economy.

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