1:35 pm Looking Ahead - February 12, 2016
This week's economic calendar has suffered from a lack of market-moving releases. That could change on Friday, however, with the release of the January Retail Sales report.
January Retail Sales Report (8:30 a.m. ET)
- Why it's important
- It's the first comprehensive look of the month at consumer spending on durable and nondurable goods
- Spending on goods represents roughly 1/3 of consumer spending while spending on services (e.g. hair cuts, utilities, insurance, etc.), which is not captured in this report, comprises the other 2/3 of …More