Saturday, May 11, 2019

Schedule for Week of May 12, 2019

by Calculated Risk on 5/11/2019 08:11:00 AM

The key reports this week are April housing starts and retail sales.

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

----- Monday, May 13th -----

No major economic releases scheduled.

----- Tuesday, May 14th -----

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

11:00 AM: NY Fed: Q1 Quarterly Report on Household Debt and Credit

----- Wednesday, May 15th -----

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

Year-over-year change in Retail Sales8:30 AM: Retail sales for April is scheduled to be released.  The consensus is for 0.3% increase in retail sales.

This graph shows the year-over-year change in retail sales and food service (ex-gasoline) since 1993. Retail and Food service sales, ex-gasoline, increased by 3.65% on a YoY basis in March.

8:30 AM: The New York Fed Empire State manufacturing survey for May. The consensus is for a reading of 9.9, down from 10.1.

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

This graph shows industrial production since 1967.

The consensus is for a no change in Industrial Production, and for Capacity Utilization to be unchanged at 78.8%.

10:00 AM: The May NAHB homebuilder survey. Any number above 50 indicates that more builders view sales conditions as good than poor.

----- Thursday, May 16th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 219 thousand initial claims, down from 228 thousand last week.

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

This graph shows single and total housing starts since 1968.

The consensus is for 1.200 million SAAR, up from 1.139 million SAAR in March.

8:30 AM: the Philly Fed manufacturing survey for May. The consensus is for a reading of 9.3, up from 8.5.

----- Friday, May 17th -----

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for May).

10:00 AM: State Employment and Unemployment (Monthly) for April 2019