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Saturday, November 08, 2014

Schedule for Week of November 9th

by Calculated Risk on 11/08/2014 11:50:00 AM

The key economic report this week is October retail sales on Friday.

The MBA is expected to release the Q3 National Delinquency Survey on Friday.

----- Monday, November 10th -----

At 10:00 AM ET: The Fed will release the new monthly Labor Market Conditions Index (LMCI).


----- Tuesday, November 11th -----

The is a federal/bank holiday. The Bond market will be closed in observance of the Veterans Day. The stock market will be open for trading.

----- Wednesday, November 12th -----

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

7:30 AM ET: NFIB Small Business Optimism Index for October.

10:00 AM: Monthly Wholesale Trade: Sales and Inventories for September. The consensus is for a 0.2% increase in inventories.

----- Thursday, November 13th -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to decrease to 275 thousand from 278 thousand.

Job Openings and Labor Turnover Survey 10:00 AM: Job Openings and Labor Turnover Survey for September 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 August to 4.835 million from 4.605 million in July.

The number of job openings (yellow) were up 23% year-over-year. Quits were up 5% year-over-year.

2:00 PM ET: The Monthly Treasury Budget Statement for October.

----- Friday, November 14th -----

Retail Sales 8:30 AM ET: Retail sales for October will be released.

This graph shows retail sales since 1992 through September 2014. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). On a monthly basis, retail sales decreased 0.3% from August to September (seasonally adjusted), and sales were up 4.3% from September 2013.

The consensus is for retail sales to increase 0.2% in October, and to increase 0.2% ex-autos.

9:55 AM: Reuter's/University of Michigan's Consumer sentiment index (preliminary for November). The consensus is for a reading of 87.5, up from 86.9 in October.

10:00 AM: The Mortgage Bankers Association (MBA) Q3 2014 National Delinquency Survey (NDS).

10:00 AM: Manufacturing and Trade: Inventories and Sales (business inventories) report for September.  The consensus is for a 0.3% increase in inventories.