Schedule for Week of August 14, 2022

The key reports this week are July Housing Starts, Existing Home Sales and Retail sales.

For manufacturing, the Industrial Production report will be released.

—– Monday, Aug 15th —–

8:30 AM: The New York Fed Empire State manufacturing survey for August. The consensus is for a reading of 5.5, down from 11.1.

10:00 AM: The August NAHB homebuilder survey. The consensus is for a reading of 55, unchanged from 55. Any number above 50 indicates that more builders view sales conditions as good than poor.

—– Tuesday, Aug 16th —–

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

This graph shows single and multi-family housing starts since 1968.

The consensus is for 1.540 million SAAR, down from 1.559 million SAAR in June.

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 80.1%.

—– Wednesday, Aug 17th —–

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

Retail Sales8:30 AM: Retail sales for July is scheduled to be released.  The consensus is for 0.1% increase in retail sales.

This graph shows retail sales since 1992. This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline)

2:00 PM: FOMC Minutes, Meeting of July 26-27, 2022

—– Thursday, Aug 18th —–

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 265 thousand up from 262 thousand last week.

8:30 AM: the Philly Fed manufacturing survey for August. The consensus is for a reading of -5.0, up from -12.3.

Existing Home Sales10:00 AM: Existing Home Sales for July from the National Association of Realtors (NAR). The consensus is for 4.88 million SAAR, down from 5.12 million last month.

The graph shows existing home sales from 1994 through the report last month.

—– Friday, Aug 19th —–

10:00 AM: State Employment and Unemployment (Monthly) for July 2022

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