Halister News

(Bloomberg) -- Following are forecasts for today’s economic releases as compiled by Bloomberg News.

• Retail sales 0.3% m/m; range -0.1% to 1% (76 estimates)
• Retail ex-autos 0.3% m/m; range 0.1% to 1% (72 estimates)
• Retail ex- auto/gas 0.4% m/m; range 0.2% to 0.6% (21 estimates)
• Retail control 0.4% m/m; range 0.2% to 0.6% (29 estimates)
• “A bounce seems overdue, especially since fundamentals in the household sector have remained generally favorable. In particular, consumer confidence remains high, supported by ongoing strength in the labor market”: NatWest Markets
• Retail sales dropped in May and June, the first back-to-back decline since August; sales weakened at department stores, sporting goods outlets and restaurants
• Empire 10; range 5 to 20 (43 estimates)
• Import prices 0.1% m/m; range -0.2% to 0.4% (33 estimates)
• Import prices ex petro 0.1% m/m; range 0% to 0.1% (5 estimates)
• Import Prices 1.5% y/y; range 1.3% to 1.8% (9 estimates)
• Export Prices 0.2% m/m; range 0.2% to 0.3% (6 estimates)
• “If the soft patch in overall inflation proves to be more durable than Fed officials anticipate, this will present significant downside risk to the trajectory of the fed funds rate”: Bloomberg Intelligence ** The import price index fell in May and June

To contact the reporters on this story: Alex Tanzi in Washington at atanzi@bloomberg.net ; Vincent Del Giudice in Denver at vdelgiudice@bloomberg.net To contact the editors responsible for this story: Alex Tanzi at atanzi@bloomberg.net Kristy Scheuble