Halister News

(Bloomberg) -- Retail sales seen rising 0.6% m/m in Oct., same as Sept. (forecast range +0.3% to +1.2%); tracks sale of new and used goods for personal or household consumption.

• Data “will provide preliminary clues as to whether the trend in household spending is at least stabilizing; the last jobs report showed subtle signs that wage and salary prospects were potentially starting to firm”: Bloomberg Intelligence
• Import price index seen rising 0.4% m/m in Oct. after increasing 0.1% in Sept. (forecast range -1% to +1%); tracks changes in prices of goods produced abroad, sold domestically
• Empire State Manufacturing Survey seen at -2.5 in Nov. vs -6.8 in Oct. (forecast range -10 to 2); tracks sentiment among manufacturers in New York Fed district