This coming week will be filled with all kinds of goodies (or baddies depending on what the numbers in the data say about the economy). We should get a good glimpse into the state of the economy starting on Monday March 16th and continuing until the end of the week. Will the leading indicators help the Dow continue it's winning streak which is currently at four trading sessions? Or will they show a bleaker picture then we all expected, pushing the back down towards 12 year lows? We will all find out soon enough. Below is a list of the data which will be coming out this week along with the date and time of their releases:
- Empire State Index Monday, Mar. 16 8:30 a.m.
- Industrial Production Monday, Mar. 16 9:15 a.m.
- Capacity Utilization Monday, Mar. 16 9:15 a.m.
- Producer Price Index Tuesday, Mar. 17 8:30 a.m.
- Producer Price Index (Excluding Food & Energy) Tuesday, Mar. 17
- Housing Starts (Millions) Tuesday, Mar. 17 8:30 a.m.
- Consumer Price Index Wednesday, Mar. 18 8:30 a.m.
- Consumer Price Index (Excluding Food & Energy) Wednesday, Mar. 18 8:30 a.m.
- Current Account Balance ($Billions) Wednesday, Mar. 18 10:00 a.m.
- Philadelphia Fed Index Thursday, Mar. 19 10:00 a.m.
- Leading Indicators Index Thursday, Mar. 19 10:00 a.m.
I am particularly interested in seeing the Leading Indicator index, Housing Starts Index, and Industrial Production numbers. I have an inkling that things may in fact look better then most economists have been expecting. If this is the case, then watch the Dow continue it's surge for much of the coming week. Discuss these economic indicators.
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