Consumer data leads today's calendar
Mike Yamamoto | [email protected]
Consumer prices for February will be released at 8:30 a.m. ET. A reading of 0.5 percent is expected, up from zero in the previous month. Excluding food and energy, the consensus forecast is 0.2 percent, down from the previous month's 0.3 percent.
The Empire State Manufacturing Survey is also scheduled for 8:30 a.m. ET. Analysts estimate that the March figure will come in at 10 even, down slightly from the previous months' 10.04.
Industrial production and manufacturing data for February follows at 9:15 a.m. ET. The consensus estimate for production is 0.5 percent, up from -0.1 percent in the previous month. Analysts are expecting 0.3 percent for manufacturing, up from -0.4 percent in the last report.
The University of Michigan will release its consumer sentiment index for March at 9:55 a.m. ET. The consensus forecast is 77.5, just below the previous month's 77.6 level.