Weekly Schedule

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

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

----- Monday, Oct 15th -----

Year-over-year change in Retail Sales8:30 AM ET: Retail sales for September will be released.  The consensus is for a 0.6% 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 5.6% on a YoY basis.

8:30 AM ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 19.3, up from 19.0.

----- Tuesday, Oct 16th -----

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% increase in Industrial Production, and for Capacity Utilization to increase to 78.2%.

10:00 AM: The October NAHB homebuilder survey. The consensus is for a reading of  67, unchanged from 67. Any number above 50 indicates that more builders view sales conditions as good than poor.

Job Openings and Labor Turnover Survey10:00 AM ET: Job Openings and Labor Turnover Survey for August from the BLS.

This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.

Jobs openings increased in July to 6.939 million from 6.822 million in June.

The number of job openings (yellow) were up 12% year-over-year, and Quits were up 1% year-over-year.

----- Wednesday, Oct 17th -----

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

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 1.216 million SAAR, down from 1.282 million SAAR.

2:00 PM: The Fed will release the FOMC Minutes for the Meeting of September 25-26, 2018

----- Thursday, Oct 18th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 215 thousand initial claims, up from 214 thousand the previous week.

8:30 AM: the Philly Fed manufacturing survey for October. The consensus is for a reading of 20.3, down from 22.9.

----- Friday, Oct 19th -----

Existing Home Sales10:00 AM: Existing Home Sales for September from the National Association of Realtors (NAR). The consensus is for 5.30 million SAAR, down from 5.34 million in August.

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

10:00 AM: State Employment and Unemployment (Monthly) for September 2018