by Calculated Risk on 10/10/2020 08:11:00 AM

The key economic reports this week are September CPI and Retail Sales.

For manufacturing, September Industrial Production, and the October New York and Philly Fed surveys, will be released this week.

----- Monday, October 12th -----
Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open. No economic releases are scheduled.

----- Tuesday, October 13th -----
8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.

----- Wednesday, October 14th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

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

----- Thursday, October 15th -----
8:30 AM: The initial weekly unemployment claims report will be released. Initial claims were 840 thousand the previous week.

8:30 AM ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 15.0, down from 17.0.

8:30 AM: the Philly Fed manufacturing survey for October. The consensus is for a reading of 14.5, down from 15.0.

----- Friday, October 16th -----
8:30 AM ET: Retail sales for September will be released.  The consensus is for a 0.7% 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 4.0% on a YoY basis in August.

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

This graph shows industrial production since 1967.

The consensus is for a 0.6% increase in Industrial Production, and for Capacity Utilization to increase to 71.9%.

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