RSS Feed by Calculated Risk on 11/11/2023 08:11:00 AM
Saturday, November 11, 2023
Schedule for Week of November 12, 2023
The key economic reports this week are October CPI, Retail Sales, and Housing Starts.
For manufacturing, October industrial production, and the November New York, Philly and Kansas City Fed surveys, will be released this week.
No major economic releases scheduled.
6:00 AM: NFIB Small Business Optimism Index for October.
8:30 AM: The Consumer Price Index for October from the BLS. The consensus is for a 0.1% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 3.3% year-over-year and core CPI to be up 4.1% YoY.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM ET: Retail sales for October will be released.The consensus is for a 0.3% decrease in retail sales.
This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).
8:30 AM: The Producer Price Index for October from the BLS. The consensus is for a 0.1% increase in PPI, and a 0.3% increase in core PPI.
8:30 AM: The New York Fed Empire State manufacturing survey for November. The consensus is for a reading of -2.6, up from -4.6.
During the day: The AIA's Architecture Billings Index for October (a leading indicator for commercial real estate).
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 222 thousand initial claims, up from 217 thousand last week.
8:30 AM: the Philly Fed manufacturing survey for November. The consensus is for a reading of -11.0, down from -9.0.
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 79.4%.
10:00 AM: The November NAHB homebuilder survey. The consensus is for a reading of 40, unchanged from 40. Any number below 50 indicates that more builders view sales conditions as poor than good.
11:00 AM: the Kansas City Fed manufacturing survey for November.
8:30 AM: Housing Starts for October. This graph shows single and total housing starts since 1968.
The consensus is for 1.345 million SAAR, down from 1.358 million SAAR.
10:00 AM: State Employment and Unemployment (Monthly) for October 2023
