In Depth Analysis: CalculatedRisk Newsletter on Real Estate (Ad Free) Read it here.

Saturday, November 09, 2024

Schedule for Week of November 10, 2024

by Calculated Risk on 11/09/2024 08:11:00 AM

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.

----- Monday, November 11th -----

Veterans Day Holiday: Most banks will be closed in observance of Veterans Day. The stock market will be open.

----- Tuesday, November 12th -----

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.

----- Wednesday, November 13th -----

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

----- Thursday, November 14th -----

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

----- Friday, November 15th -----

Retail Sales8:30 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.

Industrial Production 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%.