Consumer credit, monthly change, seasonally adjusted, billions of dollars: March 10.0 April 16.5 May 16.8 June 13.8 July 23.3 Aug. (est.) 15.7 Source: FactSet EYE ON INFLATION U.S. wholesale prices have been mostly edging higher, reflecting persistently tame inflation.
The producer price index, which measures inflation pressures before they reach the consumer, rose 0.1% in August, the third straight increase. Over the past 12 months, wholesale prices have risen 1.8%. The Labor Department issues its September tally of wholesale prices Tuesday.
Producer price index, monthly percent change, seasonally adjusted: April 0.5 May -0.1 June 0.1 July 0.2 Aug. 0.1 Sept. (est.) 0.1 Source: FactSet TURBULENT QUARTER? Wall Street expects that Delta Air Lines will deliver improved results for the third quarter.
Financial analysts predict the airline will report Thursday that its earnings and revenue increased in the July-September quarter from a year earlier. Still, investors will be listening for an update on Delta's cost projections after the company warned that it faces higher expenses.