by calculated risk October 12, 2024 08:11:00 AM
This week’s major economic reports are September retail sales and housing starts.
This week, regarding the manufacturing industry, the September industrial production survey and the October survey by the New York Fed and the Philadelphia Fed will be released.
—– Monday, October 14th —–
columbus day holiday: Banks will be closed for Columbus Day. The stock market will open.
—– Tuesday, October 15th —–
8:30 a.m. ET: New York Fed Empire State Manufacturing Survey For October. The consensus is 2.4, down from 11.5.
—– Wednesday, October 16th —–
7:00 a.m. ET: Mortgage Bankers Association (MBA) Mortgage loan purchase application index.
—– October 17th (Thursday) —–
8:30 a.m. ET: retail sales The September edition will be released. The consensus is that retail sales will increase by 0.2%.
This graph shows retail sales since 1992. This is seasonally adjusted monthly retail sales and food services (totals and excluding gasoline).
8:30am: First weekly unemployment claim The report will be published. Consensus was for 265,000 initial claims, up from 258,000 last week.
8:30am: Philadelphia Fed Manufacturing Survey For October. The consensus is that the measurement will be between 1.7 and 3.0.
9:15 a.m.: Fed announces Industrial production and capacity utilization For September.
This graph shows industrial production since 1967.
The consensus is that industrial production will decline by 0.1% and capacity utilization will fall to 77.9%.
10am: October NAHB Home Builder Survey. The consensus was 42, up from 41 in September. A number below 50 indicates that more builders see sales conditions as worse than good.
—– October 18th (Friday) —–
8:30am: Number of housing starts For September.
This graph shows the number of single-family and multi-family housing starts since 1968.
The consensus is 1.35 million SAAR, down from 1.356 million SAAR.
