by Calculated Risk June 15, 2024 8:11 AM
The main reports this week are retail sales, housing starts and existing home sales for May.
On the manufacturing side, industrial production and the New York and Philadelphia Fed manufacturing surveys are due to be released this week.
—– Monday, June 17th —–
8:30 a.m.: New York Fed Empire State Manufacturing Survey The June consensus is expected to rise to -13.0 from -15.6.
—– Tuesday, June 18th —–
8:30 AM: Retail Sales May retail sales figures are due to be released. The consensus is that retail sales will increase by 0.3%.
This graph shows retail sales since 1992. It is seasonally adjusted monthly retail sales and food service sales (total and excluding gasoline).
9:15 a.m.: The Fed Industrial production and capacity utilization For May.
This graph shows industrial production since 1967.
The consensus is that industrial production will grow by 0.2%, with capacity utilization rising to 78.6%.
—– Wednesday, June 19th —–
all US Market It will be closed In compliance Juneteenth Independence Day
7:00 AM EST: The Mortgage Bankers Association (MBA) Mortgage Purchase Application Index.
10:00 AM: June NAHB Home Builder SurveyThe forecast is for 46, up from last month’s 45. A reading above 50 indicates more builders think sales are poor than those who think they are good.
—– Thursday, June 20th —–
8:30 AM ET: Housing starts For May.
This graph shows housing starts and total housing starts since 1968.
The consensus is for SAAR1.38 million, up from SAAR1.36 million in April.
8:30 AM: Unemployment claims (weekly) The report is coming out. The consensus is for new claims to be 240,000, down from 242,000 last week.
8:30 AM: Philadelphia Fed Manufacturing Survey The consensus forecast for June is 4.5, unchanged from last month’s 4.5.
—– Friday, June 21 —–
10 am: Existing Home Sales The National Association of Realtors (NAR) announced the number of home sales in May. The consensus forecast was 4.1 million, down from 4.14 million last year.
This chart shows existing home sales from 1994 through last month’s report.
