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Saturday, September 09, 2023

Schedule for Week of September 10, 2023

by Calculated Risk on 9/09/2023 08:11:00 AM

The key economic reports this week are August Consumer Price Index (CPI) and Retail Sales.

For manufacturing, August Industrial Production, and the September New York Fed survey, will be released this week.

----- Monday, September 11th -----

No major economic releases scheduled.

----- Tuesday, September 12th -----

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

8:00 AM: Corelogic House Price index for July

----- Wednesday, September 13th -----

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 August from the BLS. The consensus is for a 0.6% increase in CPI, and a 0.2% increase in core CPI.  The consensus is for CPI to be up 3.6% year-over-year and core CPI to be up 4.3% YoY.

----- Thursday, September 14th -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 212 thousand initial claims, down from 216 thousand last week.

Retail Sales8:30 AM ET: Retail sales for August will be released.  The consensus is for a 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).

8:30 AM: The Producer Price Index for August from the BLS. The consensus is for a 0.4% decrease in PPI, and a 0.2% increase in core PPI.

----- Friday, September 15th -----

8:30 AM ET: The New York Fed Empire State manufacturing survey for September. The consensus is for a reading of -10.7, up from -19.0.

Industrial Production 9:15 AM: The Fed will release Industrial Production and Capacity Utilization for August.

This graph shows industrial production since 1967.

The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 79.3%.

10:00 AM: University of Michigan's Consumer sentiment index (Preliminary for September).