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U.S. Week Ahead: Oct retail sales seen showing modest growth

Saturday, November 12, 2011 - 02:04

Nov. 11 - Retail sales are likely to show a modest increase at the start of the fourth quarter, which could take some pressure off the Fed, says Reuters Correspondent Jason Lange.

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Here's your US week ahead health of the recovery will be back in focus when retail sales comes out on Tuesday at 830 end. Sales are set to grow by subdued three tenths of a percent in October the weather is partly to blame. With warm temperatures at the start of the month and a freak snowstorm in the northeast. But Reuters correspondent Jason Lang says there's a silver line. We'll that it is probably in the show that the economy got off to a not too bad start of the fourth quarter. And that could give the Fed a little bit of breathing room to decide whether they need to do more to help growth. That said the savings rate -- come down -- -- and so investors in -- worry whether consumers can keep on delivering at this pace. Also on -- key inflation manufacturing and housing data. Tuesday's sees -- release of producer prices Wednesday's return of the Consumer Price Index. That's filed by housing starts initial jobless claims and the Philly Fed index on Thursday. -- -- as the indexes show growth in manufacturing slowed in October. We'll get more insight from fed officials when they take to the podium highlight will be on Tuesday went to voting members speak. And AM Chicago fed president Charles Evans gives his take on the central bank's dual mandate before the council on foreign relations. And at 1220 Dallas fed president Richard Fisher talks about too big to fail before the Columbia Business School. Dallas had to report third quarter results after the bell on Tuesday. Number TPC maker will likely -- earnings of 47 cents a share compares to 45 cents a year ago. Dell will also tell investors how the flooding in Thailand impacting -- hard drives which could hurt its bottom line in the future. And retail is set to dominate the rest of their earnings -- reports Monday Tuesday's sees earnings from Home Depot and Wal-Mart. Thursday at the turn of the gap that seniors followed by Heinz on Friday. -- is the start line stand out it's sad to see earnings of 37 cents a share that would be an upside surprise of more than 2% when compared to the mean. I'm Fred Katayama and this is Reuters inside.

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U.S. Week Ahead: Oct retail sales seen showing modest growth

Saturday, November 12, 2011 - 02:04