Updated 12:30 p.m. EST -- President Obama was scheduled to meet with the Jobs and Competitiveness Council this morning at the Durham, N.C., headquarters of Cree Inc., a manufacturer of LED lighting products. At the meeting, Obama and business leaders planned to discuss initiatives and policies to spur economic growth, promote job creation and accelerate hiring across the nation, according to a White House blog. This marks the second meeting of the Jobs and Competitiveness Council, which is chaired by GE Chairman and CEO Jeffrey Immelt. Obama is scheduled to hold a press conference at 1:45 p.m. EST today at Crees headquarters. It will be a light week for corporate earnings releases, but there is plenty of economic data on the docket. Highlights for the Week of June 13-17 June 13-17
Society of Manufacturing Engineers 39th Annual North American Manufacturing Research Conference, Oregon State University, Corvallis, Ore.
June 14
- U.S. Bureau of Labor Statistics' May 2011 Producer Price Index (8:30 a.m. EST)
- Federal Reserve Bank of New York's Empire State Manufacturing Survey (8:30 a.m. EST)
- U.S. Bureau of Labor Statistics' May 2011 Consumer Price Index and Real Earnings (both at 8:30 a.m. EST)
- Federal Reserve Bank of Philadelphia's Aruoba-Diebold-Scotti Business Conditions Index, May 2011 Industrial Production (9:15 a.m. EST)
- Federal Reserve's May 2011 Industrial Production/Capacity Utilization Index (9:15 a.m.)
- Federal Reserve Bank of Philadelphia's Aruoba-Diebold-Scotti Business Conditions Index, Initial Jobless Claims for week ending June 11 (8:30 a.m. EST)
- Thomson Reuters/University of Michigan Survey of Consumers (10 a.m. EST)
