by Bill McBride on 11/14/2015 08:11:00 AM
Saturday, November 14, 2015
The key economic reports this week is October housing starts on Wednesday.
For prices, CPI will be released on Tuesday.
For manufacturing, October Industrial Production will be released on Tuesday, and the November New York, Philly, and Kansas City Fed manufacturing surveys will be released this week.
A key focus will be on the FOMC minutes on Wednesday.
8:30 AM: NY Fed Empire State Manufacturing Survey for November. The consensus is for a reading of -5.0, up from -11.4.
8:30 AM: The Consumer Price Index for October from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for October.
This graph shows industrial production since 1967.
The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 77.5%.
10:00 AM: The November NAHB homebuilder survey. The consensus is for a reading of 64, unchanged from October. Any number above 50 indicates that more builders view sales conditions as good than poor.
10:00 AM: The Mortgage Bankers Association (MBA) Q3 2015 National Delinquency Survey (NDS).
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: Housing Starts for October.
Total housing starts increased to 1.206 million (SAAR) in September. Single family starts increased to 740 thousand SAAR in September.
The consensus for 1.162 million, down from September.
During the day: The AIA's Architecture Billings Index for October (a leading indicator for commercial real estate).
2:00 PM: The Fed will release the FOMC Minutes for the Meeting of October 27-28, 2015
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 270 thousand initial claims, down from 276 thousand the previous week.
10:00 AM: the Philly Fed manufacturing survey for November. The consensus is for a reading of 0.0, up from -4.5.
10:00 AM ET: Regional and State Employment and Unemployment for October.
11:00 AM: the Kansas City Fed manufacturing survey for November.