Schedule for Week of August 11, 2024 - InvestingChannel

Schedule for Week of August 11, 2024

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

For manufacturing, the Industrial Production report will be released.


—– Monday, August 12th —–


No major economic releases scheduled.


—– Tuesday, August 13th —–


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

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


—– Wednesday, August 14th —–


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 July from the BLS. The consensus is for a 0.2% increase in CPI, and a 0.2% increase in core CPI.  The consensus is for CPI to be up 3.0% year-over-year and core CPI to be up 3.2% YoY.


—– Thursday, August 15th —–


8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 238 thousand initial claims, up from 233 thousand last week.

Retail Sales8:30 AM: Retail sales for July is scheduled to be released.  The consensus is for 0.3% 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)

8:30 AM: The New York Fed Empire State manufacturing survey for August. The consensus is for a reading of -6.0, up from -6.6.

8:30 AM: the Philly Fed manufacturing survey for August. The consensus is for a reading of 6.5, down from 14.0.

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 0.1% increase in Industrial Production, and for Capacity Utilization to decrease to 78.7%.

10:00 AM: The August NAHB homebuilder survey. The consensus is for a reading of 42, unchanged from 42. Any number below 50 indicates that more builders view sales conditions as poor than good.


—– Friday, August 16th —–


Multi 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 1.342 million SAAR, down from 1.353 million SAAR in June.

10:00 AM: State Employment and Unemployment (Monthly) for July 2024

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

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