Weekly Schedule

The key economic reports this week are March Retail sales on Tuesday, and March Housing Starts on Thursday.

For manufacturing, the March Industrial Production and Capacity Utilization report, and the April NY Fed (Empire State), and Philly Fed surveys, will be released this week. 

For prices, March CPI will be released on Friday.

----- Monday, April 13th -----

No economic releases scheduled.

----- Tuesday, April 14th -----

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

Retail Sales8:30 AM ET: Retail sales for March will be released.

This graph shows retail sales since 1992 through February 2015. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). On a monthly basis, retail sales decreased 0.6% from January to February (seasonally adjusted), and sales were up 1.7% from February 2014.

The consensus is for retail sales to increase 1.0% in March, and to increase 0.7% ex-autos.

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

10:00 AM: Manufacturing and Trade: Inventories and Sales (business inventories) report for February.  The consensus is for a 0.2% increase in inventories.

----- Wednesday, April 15th -----

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

8:30 AM: NY Fed Empire State Manufacturing Survey for April. The consensus is for a reading of 7.0, up from 6.9 last month (above zero is expansion).

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

This graph shows industrial production since 1967.

The consensus is for a 0.3% decrease in Industrial Production, and for Capacity Utilization to decrease to 78.7%.

10:00 AM: The April NAHB homebuilder survey. The consensus is for a reading of 55, up from 53 last month.  Any number above 50 indicates that more builders view sales conditions as good than poor.

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 16th -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to decrease to 280 thousand from 281 thousand.

Total Housing Starts and Single Family Housing Starts8:30 AM: Housing Starts for March.

Total housing starts decreased to 897 thousand (SAAR) in February. Single family starts declined to 593 thousand SAAR in February.

The consensus is for total housing starts to increase to 1.040 million (SAAR) in March.

10:00 AM: the Philly Fed manufacturing survey for March. The consensus is for a reading of 5.0, unchanged from 5.0 last month (above zero indicates expansion).

10:00 AM: the New York Fed to Host Press Briefing on Student Loans

----- Friday, April 17th -----

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

10:00 AM: University of Michigan's Consumer sentiment index (preliminary for April). The consensus is for a reading of 93.7, up from 93.0 in March.

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