Economic Events on October 16, 2012

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 Consumer Price Index report for September will be released.  The consensus is that CPI increased 0.5% last month, and there was a 0.2% increase in CPI when food and energy are removed.

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

At 9:00 AM Eastern time, the Treasury International Capital report for August will be released, showing the flow of capital in and out of the United States economy.

At 9:15 AM Eastern time, the Industrial Production report for September will be released. The consensus is that there will be an increase 0f 0.2% in production and an increase 0f 0.1% in industrial capacity utilization.

At 10:00 AM Eastern time, the Housing Market Index for October will be announced.  This index is created from a survey of home builders, so it shows the confidence that the sector has in the overall economy and their business.

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