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Strategies & Market Trends : Guidance and Visibility -- Ignore unavailable to you. Want to Upgrade?


To: 2MAR$ who wrote (15039)9/9/2001 9:28:14 AM
From: 2MAR$  Respond to of 208838
 
This weeks Economic Outlook

Economic data due this week includes consumer credit for July on Monday. Credit
for July is expected to rise to $3 billion from a contraction of $1.5 billion in
June. The current account balance for the second quarter, expected to come in at
-$106 billion, will be released on Wednesday.

Thursday will see the release of export and import prices as well as initial
claims for the week ended September 7.

The most important data for the week comes on Friday, when the Producer Price
Index (PPI), retail sales, capacity utilization and industrial production
figures will be released.

The Producer Price Index for August is expected to increase 0.2% compared with a
drop of 0.9% in July. The core PPI, which excludes food and energy prices, is
expected to rise 0.1% from an increase of 0.2%.

Retail Sales for the month of August are expected to climb 0.3% compared with no
change in July as reported by the Commerce Department. Excluding automobile
sales, investors expect retail sales to rise 0.3% as against the previous
month's gain of 0.2%.

Monthly Capacity Utilization is expected to dip to 76.8% in August from the
previous month's 77%. Industrial Production is expected to drop 0.2% for the
month of August compared July's drop of 0.1%.

A report on consumer sentiment is also due out Friday, which could help
investors gauge how much mounting job losses and falling stocks are deterring
the buying public. A bigger-than-expected decline in consumer confidence could
also help cement expectations for more interest-rate cuts in coming months.