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Saturday, November 12, 2022

Schedule for Week of November 13, 2022

by Calculated Risk on 11/12/2022 08:11:00 AM

The key economic reports this week are October Retail Sales, Housing Starts and Existing Home sales.

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

----- Monday, November 14th -----

No major economic releases scheduled.

----- Tuesday, November 15th -----

8:30 AM: The Producer Price Index for October from the BLS. The consensus is for a 0.5% increase in PPI, and a 0.4% increase in core PPI.

8:30 AM: The New York Fed Empire State manufacturing survey for November. The consensus is for a reading of -7.0, up from -9.1.

11:00 AM: NY Fed: Q3 Quarterly Report on Household Debt and Credit

----- Wednesday, November 16th -----

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

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

The consensus is for a 0.9% increase in retail sales.

This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).

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 0.2% increase in Industrial Production, and for Capacity Utilization to increase to 80.4%.

10:00 AM: The November NAHB homebuilder survey. The consensus is for a reading of 36, down from 38. Any number below 50 indicates that more builders view sales conditions as poor than good.

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

----- Thursday, November 17th -----

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

This graph shows single and total housing starts since 1968.

The consensus is for 1.410 million SAAR, down from 1.439 million SAAR.

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 230 thousand initial claims, up from 225 thousand last week.

8:30 AM: the Philly Fed manufacturing survey for November. The consensus is for a reading of -8.0, up from -8.7.

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

----- Friday, November 18th -----

Existing Home Sales10:00 AM: Existing Home Sales for October from the National Association of Realtors (NAR). The consensus is for 4.39 million SAAR, down from 4.71 million in September.

The graph shows existing home sales from 1994 through the report last month.

10:00 AM: State Employment and Unemployment (Monthly) for October 2022