For manufacturing, October industrial production, and the November New York Fed survey, will be released this week.
Fed Chair Jerome Powell will provide testimony to Congress on the Economic Outlook, on Wednesday and Thursday.
Veterans Day Holiday: Most banks will be closed in observance of Veterans Day. The stock market will be open. No economic releases are scheduled.
6:00 AM: NFIB Small Business Optimism Index for October.
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 0.3% increase in CPI, and a 0.2% increase in core CPI.
11:00 AM: NY Fed: Q3 Quarterly Report on Household Debt and Credit
11:00 AM: Testimony, Fed Chair Jerome Powell, The Economic Outlook, Before the Joint Economic Committee, U.S. Congress
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 215,000 initial claims, up from 211,000 last week.
8:30 AM: The Producer Price Index for October from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.2% increase in core PPI.
10:00 AM: Testimony, Fed Chair Jerome Powell, The Economic Outlook, Before the House Budget Committee, Washington, D.C.
8:30 AM ET: Retail sales for October will be released. The consensus is for a 0.2% 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 4.7% on a YoY basis.
8:30 AM: The New York Fed Empire State manufacturing survey for November. The consensus is for a reading of 5.0, up from 4.0.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for October.This graph shows industrial production since 1967.
The consensus is for a 0.4% decrease in Industrial Production, and for Capacity Utilization to decrease to 77.2%.
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