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Political Economy
Posted at 08:13 AM ET, 04/13/2011

Economic agenda: Wednesday, April 13, 2011

At 8:30 a.m. — The Commerce Department releases retail sales for March. Sales are forecast to have risen a steady 0.5 percent, 0.4 percent when excluding the volatile industries of automobiles and gasoline. Numbers in that ballpark would suggest that while American consumers aren’t dramatically increasing their purchases, a steady improvement continues.

At 10 a.m. — The Commerce Department releases business inventories for February.

At 1:35 p.m. — President Obama delivers a speech on his plan to reduce debt.

At 2 p.m. — The Federal Reserve releases its Beige Book, a compilation of anecdotal reports from businesses around the country. The document, which is used to help inform Fed leaders at their upcoming policy meeting, will likely show continued steady economic improvement even as businesses are being pinched by higher fuel prices.

By Washington Post editors  |  08:13 AM ET, 04/13/2011

 
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