The most significant economic data this week will be the CPI monthly inflation report. The Consumer Price Index (CPI), the most closely watched monthly inflation report, will come out on Thursday. CPI looks at the price change for those finished goods which are sold to consumers. In addition, Retail Sales will be released on Wednesday. Retail Sales account for about 70% of economic activity. Industrial Production, another important indicator of economic activity, will be released on Friday. The minutes from the September 23 Fed meeting will come out on Wednesday. Import Prices and Consumer Sentiment will round out the schedule. Mortgage markets were closed on Monday in observance of Columbus Day.

 
Posted by Jeff Jensen on 10/13/2009 04:22 PM   Comments (0)  
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