by Calculated Risk August 14, 2024 7:22 PM
Note: Mortgage interest rates are Mortgage News Daily These are for top level scenarios.
Thursday:
• 8:30 a.m. ET; Unemployment claims (weekly) The report is released. The consensus is that new claims are up from 233,000 last week to 238,000.
• Also, at 8:30 A.M. Retail sales July retail sales figures are due to be released. The consensus is for retail sales to increase 0.3%.
• Also, at 8:30 a.m., the New York Fed Empire State Manufacturing Survey The consensus forecast is for it to rise from -6.6 to -6.0 in August.
• Also, at 8:30 a.m. Philadelphia Fed Manufacturing Survey The August forecast calls for it to fall to 6.5 from 14.0.
• At 9:15 a.m., the Fed Industrial production and capacity utilization Industrial production is expected to increase 0.1% in July, with capacity utilization falling to 78.7%.
• 10 a.m., August NAHB Home Builder SurveyThe consensus was 42, unchanged from 42. A reading below 50 indicates that more builders believe sales conditions are poor than those who believe they are good.
