by calculated risk 2024/2/10 08:11:00 AM
This week’s key reports are CPI, housing starts, and retail sales for January.
In the manufacturing industry, the January industrial production report and the February New York Fed and Philadelphia Fed manufacturing surveys will be released this week.
—– Monday, February 12th —–
No major economic announcements are scheduled.
—– Tuesday, February 13th —–
6am: NFIB Small Business Optimism Index For January.
8:30am: January consumer price index From BLS. The consensus is for CPI to rise 0.2% and core CPI to rise 0.3%. The consensus is for CPI to rise 3.0% y/y and core CPI to rise 3.8% y/y.
—– Wednesday, February 14th —–
7:00 a.m. ET: Mortgage Bankers Association (MBA) Mortgage loan purchase application index.
—– February 15th (Thursday) —–
8:30am: First weekly unemployment claim The report will be published. The consensus was for first-time applications to be 212,000, down from 218,000 last week.
8:30am: retail sales The January edition is scheduled to be released. The consensus is that retail sales will decline by 0.1%.
This graph shows retail sales since 1992. This is seasonally adjusted monthly retail sales and food services (totals and excluding gasoline).
8:30 a.m.: New York Fed Empire State Manufacturing Survey For February. The consensus is expected to be -43.7 to -12.5.
8:30 a.m.: Philadelphia Fed manufacturing industry survey For February. Consensus is expected at -8.0, up from -10.6.
9:15 a.m.: Fed announces Industrial production and capacity utilization For January.
This graph shows industrial production since 1967.
Consensus is for industrial production to increase by 0.3% and capacity utilization to increase to 79.0%.
10am: February NAHB Home Builder Survey. The consensus is 46, up from 44. A number below 50 indicates that more builders see sales conditions as worse than good.
—– February 16th (Friday) —–
8:30am: Number of housing starts For January.
This graph shows the number of single-family and multi-family housing starts since 1968.
The consensus is 1.47 million SAAR, up from 1.46 million SAAR.
8:30 a.m. ET: January producer price index From BLS. The consensus is for PPI to rise 0.1% and core PPI to rise 0.1%.
10 am: University of Michigan Consumer Confidence Index (February preliminary version). Consensus is 79.0.
