Saturday, April 07, 2018

Schedule for Week of Apr 8, 2018

by Bill McBride on 4/07/2018 08:11:00 AM

The key economic report this week is the Consumer Price Index (CPI) on Wednesday.

----- Monday, Apr 9th -----

No major economic releases scheduled.

----- Tuesday, Apr 10th -----

6:00 AM ET: NFIB Small Business Optimism Index for March.

8:30 AM: The Producer Price Index for March from the BLS. The consensus is a 0.1% increase in PPI, and a 0.2% increase in core PPI.

----- Wednesday, Apr 11th -----

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

8:30 AM: The Consumer Price Index for March from the BLS. The consensus is for no change in CPI, and a 0.2% increase in core CPI.

2:00 PM: FOMC Minutes for the Meeting of March 20-21, 2018

----- Thursday, Apr 12th -----

8:30 AM ET: The initial weekly unemployment claims report will be released.  The consensus is for 230 thousand initial claims, down from 242 thousand the previous week.

----- Friday, Apr 13th -----

Job Openings and Labor Turnover Survey10:00 AM ET: Job Openings and Labor Turnover Survey for February from the BLS.

This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.

Jobs openings increased in January to 6.312 million from 5.667 in December.

The number of job openings (yellow) were up 15.9% year-over-year, and Quits were up 3.2% year-over-year.

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for April). The consensus is for a reading of 100.8, down from 101.4.