United Home Mortgage Center - August 11 UPDATE on the Economy - MUST READ INFORMATION BROUGHT TO YOU BY NICKY CHAMBELSS

Economic
Indicator

Release
Date and Time

Consensus
Estimate

Analysis

International Trade
(June)

Tues. Aug 12,
8:30 am, et

$60.5
Billion

Moderately important. The deficit should begin to contract on falling oil prices.

Mortgage
Applications

Wed. Aug 13,
7:00 am, et

None

Important. Lower home prices are stimulating a slight pick up in purchase activity.

Import Prices
(July)

Wed. Aug 13,
8:30 am, et

0.9%
(Increase)

Moderately Important. Prices are expected to spike on July's spike in oil prices

Retail Sales
(July)

Wed. Aug 13,
8:30 am, et

0.2%
(Increase)

Important. Fewer auto sales remain a concern, but other segments of the economy are showing robust gains.

Business Sales
(June)

Wed. Aug 13,
10:00 am, et

Unchanged

Moderately Important. Sales continue to remain anemic, suggesting a possible slowdown in business activity.

Consumer Price
Index
(July)

Thurs. Aug 14,
8:30 am, et

All Goods: 0.5% (Increase)
Core: 0.2% (Increase)

Very Important. A slower rate of price increases could pull interest rates lower.

Industrial Production
(July)

Fri. Aug 15,
9:15 am, et

0.1%
(Decrease)

Moderately Important. The expected production decrease likely corresponds with July's increase in energy prices.