Heads up: Call it deficit week with the Treasury Department releasing the November figures on the federal budget deficit Wednesday, and the Commerce Department’s monthly report on the trade deficit out Thursday. Other key economic reports due out this week include two others from the Commerce Department on Friday: retail sales for November and business inventories for October. Also out Friday is the Labor Department’s producer price index for November.
Thursday: Costco Wholesale will release fiscal first-quarter earnings. An 8 a.m. conference call with analysts will be webcast on the investor relations page at www.costco.com. … Micron Technology’ annual shareholders meeting — at 9 a.m. at its Boise, Idaho, corporate headquarters — will be webcast at www.micron.com/ir. … The Commercial Brokers Association holds its 12th Annual Commercial Real Estate Insights event, with speakers focusing on the theme “Does History Repeat Itself? Lessons Learned from Cycles in Real Estate,” 7-9 a.m., Grand Hyatt Hotel, Seattle