Economic Events on December 11, 2012

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.  The consensus is that the index is at a level of 92.5, which is 0.6 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 International Trade report for October will be released.  The consensus is a deficit of $42.8 billion, which would be $1.3 billion more than 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 Wholesale Trade report will be released for October, showing inventory levels for wholesalers in the United States.  The consensus is that wholesale inventories increased 0.4% .

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