Important Insights to Look Out for in the Upcoming US Economic Data Releases

Thursday, 14 March 2024, 12:21
The upcoming economic data releases in the US, including retail sales, PPI, jobless claims, and Canadian manufacturing sales, are crucial for understanding consumer behavior and economic trends. The focus should be on the retail sales number, indicating a potential turning point in consumer sentiment. Weather disruptions in January and warm weather in February pose upside risks that need to be considered.
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Important Insights to Look Out for in the Upcoming US Economic Data Releases

Full Slate of US Economic Data Coming Up Next

At the bottom of the hour, we get data on:

  • US retail sales
  • US PPI
  • Weekly jobless claims
  • Canadian manufacturing sales

The retail sales number is the one to focus on as we search for a turning point in the consumer. The upside risk is that February was warm and coming off some disruptive weather in January.

This article was prepared using information from open sources in accordance with the principles of Ethical Policy. The editorial team is not responsible for absolute accuracy, as it relies on data from the sources referenced.

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