Weekly Schedule

The key economic reports this week are September Housing Starts and Retail Sales.

For manufacturing, September Industrial Production, and the October New York and Philly Fed surveys, will be released this week.

----- Monday, Oct 14th -----

Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open. No economic releases are scheduled.

----- Tuesday, Oct 15th -----

8:30 AM ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 0.8, down from 2.0.

----- Wednesday, Oct 16th -----

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 ET: Retail sales for September will be released.  The consensus is for a 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 4.5% on a YoY basis in August.

10:00 AM: The October NAHB homebuilder survey. The consensus is for a reading of  68, unchanged from 68 in September. Any number above 50 indicates that more builders view sales conditions as good than poor.

----- Thursday, Oct 17th -----

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

This graph shows single and total housing starts since 1968.

The consensus is for 1.300 million SAAR, down from 1.364 million SAAR.

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 215,000 initial claims, up from 210,000 last week.

8:30 AM: the Philly Fed manufacturing survey for October. The consensus is for a reading of 7.1, down from 12.0.

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

This graph shows industrial production since 1967.

The consensus is for a 0.2% decrease in Industrial Production, and for Capacity Utilization to decline to 77.8%.

----- Friday, Oct 18th -----

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