Monday, October 18, 2010

Economic Indicators for the week of Oct. 18th, 2010 (UPDATE)

Below is a list of the Economic Indicators to be released this week, along with what the expectations are for each indicator. In addition I have posted Corporations which will be releasing their earnings data for the past quarter. I will update each economic indicator here during the week as the data is released. I will not be updating the earnings information.

UPDATE: 6:25am PST

Industrial Production for September was down -0.2%, while expectations were for an increase of +0.2%. Also, Capacity Utilization for September was 74.7%, while expectations were for 74.8%. These are not in the right direction if you were looking for support of a recovery. Hmmm, that must mean the market will go up today, not down, since the market does opposite of what the economic data. suggests.

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