by Calculated Risk on 8/09/2014 01:01:00 PM
Saturday, August 09, 2014
Schedule for Week of August 10th
The key report this week is July retail sales on Wednesday.
For manufacturing, the July Industrial Production and Capacity Utilization report, and the August NY Fed (Empire State) survey, will be released this week.
For prices, PPI will be released on Friday.
Also the NY Fed Q2 Report on Household Debt and Credit will be released on Thursday.
3:15 AM ET: Speech by Fed Vice Chairman Stanley Fischer, The Great Recession: Moving Ahead, At the Swedish Ministry of Finance Conference: The Great Recession – Moving Ahead, Stockholm, Sweden
7:30 AM ET: NFIB Small Business Optimism Index for July.
10:00 AM: Job Openings and Labor Turnover Survey for June 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.
In May, the number of job openings (yellow) were up 19% year-over-year compared to May 2013, and Quits were up 15% year-over-year.
2:00 PM ET: The Monthly Treasury Budget Statement for July. Note: The CBO's estimate is the deficit through July in fiscal 2014 was $462 billion, compared to $607 billion for the same period in fiscal 2013.
7:00 AM: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM ET: Retail sales for July will be released.
This graph shows retail sales since 1992 through June 2014. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline). On a monthly basis, retail sales increased 0.2% from May to June (seasonally adjusted), and sales were up 4.3% from June 2013.
The consensus is for retail sales to increase 0.2% in July, and to increase 0.4% ex-autos.
10:00 AM: Manufacturing and Trade: Inventories and Sales (business inventories) report for June. The consensus is for a 0.4% increase in inventories.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to increase to 295 thousand from 289 thousand.
11:00 AM: The Q2 2014 Quarterly Report on Household Debt and Credit will be released by the Federal Reserve Bank of New York.
8:30 AM: NY Fed Empire Manufacturing Survey for August. The consensus is for a reading of 20.0, down from 25.6 in July (above zero is expansion).
8:30 AM: The Producer Price Index for July from the BLS. The consensus is for a 0.1% increase in prices.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for July.
This graph shows industrial production since 1967.
The consensus is for a 0.3% increase in Industrial Production, and for Capacity Utilization to increase to 79.2%.
9:55 AM: Reuter's/University of Michigan's Consumer sentiment index (preliminary for August). The consensus is for a reading of 82.3, up from 81.8 in July.