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Retail sales, industrial production highlight week's economic data

7:03 AM, Feb 11, 2013   |    comments
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WASHINGTON (AP) - Investors find out on Tuesday whether Coca-Cola's sales continued to improve in the fourth quarter. But the government's economic numbers won't really start rolling out until Wednesday.

That's when the Commerce Department releases retail sales figures for January. December sales rose 0.5 percent, held back only by a decline in gas prices. Sales of autos and auto parts led all categories, and they were strong again in January. Also on Wednesday, the Commerce Department release its report on business inventories for December. Last month's report showed U.S. companies boosted stockpiles at a steady pace.

Thursday, we get the Labor Deparment's weekly numbers on unemployment applications.

Friday, the Federal Reserve reports on January output from the nation's factories, mines, and utilities. Industrial production has seen two consecutive months of gains.

Also Friday, the University of Michigan releases in latest gauge of consumer sentiment.

 

 

 

 

 

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