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August 07, 2000|Bloomberg News

Other economic data coming this week:

* Today, data on consumer borrowing through credit cards, auto lending and other personal loans for June will be released.

* Tuesday, the Labor Department is scheduled to release preliminary second-quarter productivity and labor cost data. Fed Chairman Alan Greenspan has repeatedly pointed to productivity growth as key to keeping inflation in check.

* Wednesday, the Fed releases its latest regional economic outlook, also known as the "beige book." The report is based on observations from the Fed's 12 district banks and will help form the basis of discussion at the Fed's policy meeting this month.

* Wednesday, look for the Commerce Department's report on inventories at the nation's wholesalers for June.

* Thursday, the Labor Department will issue July's report on import prices, which are likely to reflect less volatile energy prices.

* Friday, fresh data on July producer prices will capture Wall Street's attention.

* Friday, July retail sales figures will paint a picture of consumer demand for goods.

SEC Vote Expected: The Securities and Exchange Commission is scheduled to vote Thursday on whether to approve a controversial rule proposal that would halt selective disclosure of company news. Two of the four SEC commissioners have expressed doubts about the plan, which has generated thousands of letters of support from individual investors. Many major companies and brokerages oppose it. The proposal would require companies to release market-sensitive information--about profits, new products, acquisitions and the like--to everyone at the same time. It seeks to limit the type of information provided by public companies during private briefings of securities analysts and institutional investors. Opponents argue that such a rule would chill the flow of information to the analysts and ultimately to the public.

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