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Schedule for Week of December 8, 2019

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

The FOMC meets this week, and no change to policy is expected.

—– Monday, Dec 9th —–

No major economic releases scheduled.

—– Tuesday, Dec 10th —–

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

—– Wednesday, Dec 11th —–

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 November from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.

2:00 PM: FOMC Meeting Announcement. No change to policy is expected at this meeting.

2:00 PM: FOMC Forecasts This will include the Federal Open Market Committee (FOMC) participants’ projections of the appropriate target federal funds rate along with the quarterly economic projections.

2:30 PM: Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.

—– Thursday, Dec 12th —–

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 212,000 initial claims, up from 203,000 last week.

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

12:00 PM: Q3 Flow of Funds Accounts of the United States from the Federal Reserve.

—– Friday, Dec 13th —–

Year-over-year change in Retail Sales8:30 AM ET: Retail sales for November will be released.  The consensus is for a 0.4% 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 3.9% on a YoY basis.
Calculated Risk

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