Wednesday: Retail Sales, PPI

Wednesday:
• At 7:00 AM ET, The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

• At 8:30 AM, Retail sales for February will be released.  The consensus is for a 0.4% increase in retail sales.

• Also at 8:30 AM, The Producer Price Index for February from the BLS. The consensus is a 0.2% increase in PPI, and a 0.2% increase in core PPI.

• At 10:00 AM, Manufacturing and Trade: Inventories and Sales (business inventories) report for January.  The consensus is for a 0.5% increase in inventories.

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