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Schedule for Week of August 12, 2018

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The key economic reports this week are July Housing Starts and Retail Sales.

For manufacturing, July industrial production, and the August New York and Philly Fed surveys, will be released this week.

—– Monday, Aug 13th —–

No major economic releases scheduled.

—– Tuesday, Aug 14th —–

6:00 AM: NFIB Small Business Optimism Index for July.

11:00 AM: NY Fed: Q2 Quarterly Report on Household Debt and Credit

—– Wednesday, Aug 15th —–

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

Year-over-year change in Retail Sales 8:30 AM ET: Retail sales for July will 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 5.2% on a YoY basis in June.

8:30 AM ET: The New York Fed Empire State manufacturing survey for August. The consensus is for a reading of 20.0, down from 22.6.

Industrial Production9:15 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 78.2%.

10:00 AM: The August NAHB homebuilder survey. The consensus is for a reading of  69, up from 68. Any number above 50 indicates that more builders view sales conditions as good than poor.

—– Thursday, Aug 16th —–

Total Housing Starts and Single Family Housing Starts8:30 AM: Housing Starts for July.

This graph shows single and total housing starts since 1968.

The consensus is for 1.271 million SAAR, up from 1.173 million SAAR.

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 215 thousand initial claims, up from 213 thousand the previous week.

8:30 AM: the Philly Fed manufacturing survey for August. The consensus is for a reading of 22.3, down from 25.7.

—– Friday, Aug 17th —–

10:00 AM: State Employment and Unemployment (Monthly) for July 2018

10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for August).
Calculated Risk

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