Economic Events on August 14, 2012

At 7:30 AM Eastern time, the NFIB Small Business Optimism Index for July will be released, providing information regarding the health and confidence of small businesses in the United States.  The consensus is that the index is at a level of 91.3, which is 0.1 points lower than the previous month’s value.

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 July will be released.  The consensus is that retail sales were 0.3% higher last month.

Also at 8:30 AM Eastern time, the Producer Price Index for July will be released.  The consensus is that the index increased 0.2% last month, and was increased 0.2% when food and energy are excluded.

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 June will be released.  The consensus is that inventories increased 0.2% from the previous month.

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