Economic Calendar For Today – 08/19/08
Source: http://feeds.feedburner.com/~r/StocksOptionsBlog/~3/368963915/Posted on Tuesday, August 19th, 2008 | In Stocks to Watch
We have three major pieces of economic news on tap for today. We will be getting:
8:30 AM – PPI (Producer Price Index ) for July 2008 - PPI measures the price of products using the wholesale price.
8:30 AM – Core PPI for July 2008 – Same as PPI, but energy and food prices which are considered volatile, are left out.
8:30 AM – Housing Starts for July 2008 - This measures the number of residential building projects that were started in the reporting period.
8:30 AM – Building Permits for July 2008 - This also measures the number of residential building projects that were started in the reporting period. However, not all areas of the country require building permits, so housings starts numbers are released as well, to give a more accurate guage.
The economic calendar for today has the potential to move markets, with building permits and housing starts more likely than not, to show that the housing market keeps weakening.
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 About Daniel Shepard (http://www.navivest.com/blog)
Daniel Shepard is an Equity Analyst with Navivest, a stocks and options trading advisory services company that provides trading ideas on a subscription basis. |
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