by Calculated Risk on 2/11/2023 08:11:00 AM

The key reports this week are January CPI, Housing Starts, and Retail sales.

For manufacturing, the January Industrial Production report, and the February NY and Philly Fed manufacturing surveys will be released this week.

----- Monday, February 13th -----
No major economic releases scheduled.

----- Tuesday, February 14th -----
6:00 AM: NFIB Small Business Optimism Index for January.

8:30 AM: The Consumer Price Index for January from the BLS. The consensus is for 0.5% increase in CPI, and a 0.4% increase in core CPI.  The consensus is for CPI to be up 6.2% year-over-year and core CPI to be up 5.5% YoY.

----- Wednesday, February 15th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: Retail sales for January is scheduled to be released.  The consensus is for a 1.5% increase in retail sales.

This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).

8:30 AM: The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of -20.0, up from -32.9.

9:15 AM: The Fed will release Industrial Production and Capacity Utilization for January.

This graph shows industrial production since 1967.

The consensus is for a 0.5% increase in Industrial Production, and for Capacity Utilization to increase to 79.1%.

10:00 AM: The February NAHB homebuilder survey. The consensus is for a reading of 37, up from 35. Any number below 50 indicates that more builders view sales conditions as poor than good.

----- Thursday, February 16th -----
8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 200 thousand initial claims, up from 196 thousand last week.

8:30 AM: Housing Starts for January.

This graph shows single and multi-family housing starts since 1968.

The consensus is for 1.361 million SAAR, down from 1.382 million SAAR.

8:30 AM ET: The Producer Price Index for December from the BLS. The consensus is for a 0.4% increase in PPI, and a 0.3% increase in core PPI.

8:30 AM: the Philly Fed manufacturing survey for February. The consensus is for a reading of -6.7, up from -8.9.

11:00 AM: NY Fed: Q4 Quarterly Report on Household Debt and Credit

----- Friday, February 17th -----
No major economic releases scheduled.