by Calculated Risk on 2/14/2024 07:11:00 PM

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released.  The consensus is for 212 thousand initial claims, down from 218 thousand last week.

• Also at 8:30 AM, Retail sales for January is scheduled to be released.  The consensus is for a 0.1% decrease in retail sales.

• Also at 8:30 AM, The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of -12.5, up from -43.7.

• Also at 8:30 AM, The Philly Fed manufacturing survey for February. The consensus is for a reading of -8.0, up from -10.6.

• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for January. The consensus is for a 0.3% increase in Industrial Production, and for Capacity Utilization to increase to 79.0%.

• At 10:00 AM,The February NAHB homebuilder survey. The consensus is for a reading of 46, up from 44. Any number below 50 indicates that more builders view sales conditions as poor than good.