by calculated risk October 16, 2024 07:37:00 PM
Note: Mortgage interest rates are as follows: MortgageNewsDaily.com and for the top-level scenario.
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%.
• Also, at 8:30 A.M. First weekly unemployment claim The report will be published. The consensus was 265,000 initial claims, up from 258,000 last week.
• Also, at 8:30 A.M. Philadelphia Fed Manufacturing Survey For October. The consensus is that the measurement will be between 1.7 and 3.0.
• At 9:15 a.m., the Fed makes an announcement. Industrial production and capacity utilization For September. The consensus is for industrial production to decline by 0.1% and capacity utilization to fall to 77.9%.
• October 10am 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.