Saturday, August 10, 2019

Schedule for Week of August 11, 2019

by Calculated Risk on 8/10/2019 08:11:00 AM

The key reports this week are July CPI, Housing starts and Retail sales.

For manufacturing, the Industrial Production report and the August New York and Philly Fed manufacturing surveys will be released.

----- Monday, Aug 12th -----

No major economic releases scheduled.

----- Tuesday, Aug 13th -----

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

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

11:00 AM: NY Fed: Q2 Quarterly Report on Household Debt and Credit

----- Wednesday, Aug 14th -----

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

----- Thursday, Aug 15th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 208 thousand initial claims, down from 209 thousand last week.

Year-over-year change in Retail Sales8:30 AM: Retail sales for July 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 3.9% on a YoY basis in June.

8:30 AM: The New York Fed Empire State manufacturing survey for August. The consensus is for a reading of 2.5, down from 4.3.

8:30 AM: the Philly Fed manufacturing survey for August. The consensus is for a reading of 11.1, down from 21.8.

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

This graph shows industrial production since 1967.

The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to decrease to 77.8%.

10:00 AM: The August NAHB homebuilder survey. The consensus is for a reading of 66, up from 65. Any number above 50 indicates that more builders view sales conditions as good than poor.

----- Friday, Aug 16th -----

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

This graph shows single and total housing starts since 1968.

The consensus is for 1.260 million SAAR, up from 1.253 million SAAR in June.

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

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