by Calculated Risk on 11/09/2024 08:11:00 AM
Saturday, November 09, 2024
Schedule for Week of November 10, 2024
The key economic reports this week are October CPI and Retail Sales.
For manufacturing, October industrial production and the November New York Fed survey will be released this week.
Veterans Day Holiday: Most banks will be closed in observance of Veterans Day. The stock market will be open.
6:00 AM: NFIB Small Business Optimism Index for October.
2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices (SLOOS) for October.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The Consumer Price Index for October from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 2.6% year-over-year and core CPI to be up 3.3% YoY.
11:00 AM: NY Fed: Q3 Quarterly Report on Household Debt and Credit
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 255 thousand initial claims, up from 221 thousand last week.
8:30 AM: The Producer Price Index for October from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.2% increase in core PPI.
3:00 PM: Speech, Fed Chair Jerome Powell, Economic Outlook, At Conversation with Federal Reserve Chair Jerome Powell, Dallas, Texas
8:30 AM ET: Retail sales for October will be released.
The consensus is for a 0.3% increase in retail sales.
This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).
8:30 AM: The New York Fed Empire State manufacturing survey for November. The consensus is for a reading of 3.5, up from -11.9.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for October.
This graph shows industrial production since 1967.
The consensus is for a 0.2% decrease in Industrial Production, and for Capacity Utilization to decrease to 77.3%.