Saturday, April 09, 2016

Schedule for Week of April 10, 2016

by Bill McBride on 4/09/2016 08:12:00 AM

The key economic report this week is March retail sales on Wednesday.

For prices, PPI and CPI will be released this week.

For manufacturing, March Industrial Production and the April NY Fed manufacturing survey will be released this week.

----- Monday, April 11th -----

No economic releases scheduled.

----- Tuesday, April 12th -----

9:00 AM ET: NFIB Small Business Optimism Index for March.

2:00 PM: The Monthly Treasury Budget Statement for March.

----- Wednesday, April 13th -----

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

Retail Sales8:30 AM ET: Retail sales for March will be released.  The consensus is for retail sales to increase 0.1% in March.

This graph shows retail sales since 1992 through February 2016. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). On a monthly basis, retail sales were down 0.1% from January to February (seasonally adjusted), and sales were up 3.1% from February 2015.

8:30 AM: The Producer Price Index for March from the BLS. The consensus is for a 0.3% increase in prices, and a 0.2% increase in core PPI.

10:00 AM: Manufacturing and Trade: Inventories and Sales (business inventories) report for February.  The consensus is for a 0.1% decrease in inventories.

2:00 PM: the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.

----- Thursday, April 14th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 270 thousand initial claims, up from 267 thousand the previous week.

8:30 AM: The Consumer Price Index for March from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.

----- Friday, April 15th -----

8:30 AM: NY Fed Empire State Manufacturing Survey for April. The consensus is for a reading of 3.0, up from 0.6.

Industrial Production9:15 AM: The Fed will release Industrial Production and Capacity Utilization for March.

This graph shows industrial production since 1967.

The consensus is for a 0.1% decrease in Industrial Production, and for Capacity Utilization to decrease to 75.4%.

10:00 AM: University of Michigan's Consumer sentiment index (preliminary for April). The consensus is for a reading of 91.8, up from 91.0 in March.

10:00 AM ET: Regional and State Employment and Unemployment (Monthly) for March 2016 from BLS.