by Calculated Risk on 2/09/2019 08:11:00 AM

The key reports this week are January CPI and December retail sales.

For manufacturing, the January Industrial Production report and the February NY Fed manufacturing survey will be released.

----- Monday, Feb 11th -----
No major economic releases scheduled.

----- Tuesday, Feb 12th -----
6:00 AM ET: NFIB Small Business Optimism Index for January.

10:00 AM ET: Job Openings and Labor Turnover Survey for December 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 decreased in November to 6.888 million from 7.131 million in October.

The number of job openings (yellow) were up 16% year-over-year, and Quits were up 7% year-over-year.

11:00 AM: NY Fed: Q4 Quarterly Report on Household Debt and Credit

12:45 PM: Speech by Fed Chair Jerome Powell, Economic Development in High Poverty Rural Communities, At the Hope Enterprise Corporation Rural Policy Forum, Itta Bena, Miss.

----- Wednesday, Feb 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 January from the BLS. The consensus is for 0.1% increase in CPI, and a 0.2% increase in core CPI.

----- Thursday, Feb 14th -----
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 225 thousand initial claims, down from 234 thousand the previous week.

8:30 AM: The Producer Price Index for January from the BLS. The consensus is for a 0.2% increase in PPI, and a 0.2% increase in core PPI.

8:30 AM: Retail sales for December is scheduled to be released.  The consensus is for a 0.1% increase in retail sales.

This graph shows the year-over-year change in retail sales and food service (ex-gasoline) since 1993. Retail and Food service sales, ex-gasoline, increased by 3.6% on a YoY basis.

----- Friday, Feb 15th -----
8:30 AM: The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of 7.0, up from 3.9.

9:15 AM: The Fed will release Industrial Production and Capacity Utilization for January.

This graph shows industrial production since 1967.

The consensus is for a 0.2% increase in Industrial Production, and for Capacity Utilization to increase to 78.8%.

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for February). The consensus is for a reading of 92.5.