Weekly Schedule

The key economic reports this week are October housing starts, retail sales and the Consumer Price Index (CPI).

For manufacturing, October industrial production, and the November New York Fed, Philly Fed and Kansas City Fed manufacturing surveys, will be released this week.

----- Monday, Nov 13th -----

No economic releases scheduled.

----- Tuesday, Nov 14th -----

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

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

----- Wednesday, Nov 15th -----

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 October from the BLS. The consensus is for a 0.1% increase in CPI, and a 0.2% increase in core CPI.

Retail Sales 8:30 AM ET: Retail sales for October be released.  The consensus is for a 0.1% increase in retail sales.

This graph shows retail sales since 1992 through September 2017.

8:30 AM: The New York Fed Empire State manufacturing survey for November. The consensus is for a reading of 26.0, down from 30.2.

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

During the day: The AIA's Architecture Billings Index for October (a leading indicator for commercial real estate).

----- Thursday, Nov 16th -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 235 thousand initial claims, down from 239 thousand the previous week.

8:30 AM: the Philly Fed manufacturing survey for November. The consensus is for a reading of 25.0, down from 27.9.

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

This graph shows industrial production since 1967.

The consensus is for a 0.5% increase in Industrial Production, and for Capacity Utilization to increase to 76.2%.

10:00 AM: The November NAHB homebuilder survey. The consensus is for a reading of 67, down from 68 in October. Any number above 50 indicates that more builders view sales conditions as good than poor.

----- Friday, Nov 17th -----

Total Housing Starts and Single Family Housing Starts8:30 AM: Housing Starts for October. The consensus is for 1.188 million SAAR, up from the September rate of 1.127 million.

This graph shows total and single unit starts since 1968.

The graph shows the huge collapse following the housing bubble, and then - after moving sideways for a couple of years - housing is now recovering.

10:00 AM: State Employment and Unemployment (Monthly) for October 2017

11:00 AM: the Kansas City Fed manufacturing survey for November.