This week we’ll be getting information on the U.S. economy’s health, including crude oil supplies, producer prices and retail sales. A number of retailers, Costco and Restoration Hardware among them, will be reporting quarterly earnings.
What follows are the highlights. (All times are Eastern standard time; forecasts by analysts/economists polled by Bloomberg.)
Economic Reports
Dec. 11:
Mortgage Bankers Association Purchase Applications report, 7 a.m.
Energy Information Administration Petroleum Status Report (weekly change in crude oil inventories), 10:30 a.m.
U.S. Treasury budget report, 2 p.m. Analysts expect a deficit of $155 billion.
Dec. 12:
New jobless claims for the week of Dec. 7, 8:30 a.m. The number of new claims probably rose to 325,000 from 298,000 a week earlier.
Retail sales, month-on-month change, 8:30 a.m. Analysts expect an increase of 0.6 percent, with estimates ranging from 0.2 percent to 1.4 percent.
Dec. 13:
Producer Price Index, 8:30 a.m. Analysts expect a decrease of 0.1 percent.
Company Earnings Reports
Dec. 11:
Coldwater Creek (estimate consensus: loss of 82 cents a share)
Costco Wholesale ($1.02 per share)
Joy Global ($1.11 a share)
Men’s Wearhouse (87 cents a share)
Dec. 12:
Adobe Systems (19 cents a share)
Hovnanian (17 cents a share)
Lululemon (41 cents a share)
Restoration Hardware (28 cents a share)
Dec. 13:
Cel-Sci (loss of 20 cents a share)
Pier 1 Imports (28 cents a share)
Urstadt Biddle (31 cents a share)
Best wishes,
The Money and Markets Team
