by Calculated Risk on 10/05/2024 08:11:00 AM

The key economic report this week is September CPI.

Other key indicators include September PPI and the August trade deficit.

----- Monday, October 7th -----
No major economic releases scheduled.

----- Tuesday, October 8th -----
6:00 AM: NFIB Small Business Optimism Index for September.

8:30 AM: Trade Balance report for August from the Census Bureau.  The consensus is for the deficit to be $71.4 billion in August, from $78.8 billion in July.

This graph shows the U.S. trade deficit, with and without petroleum, through the most recent report. The blue line is the total deficit, and the black line is the petroleum deficit, and the red line is the trade deficit ex-petroleum products.

----- Wednesday, October 9th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

2:00 PM: FOMC Minutes, Minutes Meeting of September 17-18, 2024

----- Thursday, October 10th -----
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 228 thousand initial claims, up from 225 thousand last week.

8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.1% increase in CPI, and a 0.2% increase in core CPI.  The consensus is for CPI to be up 2.3% year-over-year and core CPI to be up 3.2% YoY.

----- Friday, October 11th -----
8:30 AM: The Producer Price Index for September from the BLS. The consensus is for a 0.1% increase in PPI, and a 0.2% increase in core PPI.

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for October).