Schedule for the week of January 12, 2024

by calculated risk January 11, 2025 08:11:00 AM

Key reports this week are December CPI, retail sales and housing starts.

For manufacturing, the December Industrial Production Report and the January New York and Philadelphia Fed Manufacturing Survey are released.

No major economic announcements are scheduled.

6 AM: NFIB Small and Medium Business Optimism Index For December.

8:30 AM ET: December Producer Price Index From BLS. Consensus PPI increased by 0.4%, and core PPI increased by 0.3%.

7 a.m. ET: The Mortgage Bankers Association (MBA) Mortgage Purchase Application Index.

8:30 AM: December Consumer Price Index From BLS. The consensus is for CPI to increase by 0.3% and core CPI to increase by 0.2%. CPI is expected to rise 2.9% YoY and core CPI is expected to rise 3.3% YoY.

8:30 a.m.: New York Fed Empire State Manufacturing Survey In January. The consensus is a decline from 0.2 to -2.0.

2pm: Federal Reserve System Beige BookThe Federal Reserve’s informal review of current economic conditions in a region.

8:30 AM: First Weekly Unemployment Claim The report is made public. The consensus was 215,000, up from 201,000 last week.

8:30 AM: retail sales It is scheduled to be released in December. Retail sales are expected to increase by 0.5%.

This graph shows retail sales since 1992. These are monthly seasonally adjusted retail sales and food services (excluding guns and gasoline).

8:30 AM: Philly Fed Manufacturing Survey In January.

10 AM: January NAHB Homebuilder Survey.

The consensus was 45, down from 46 the previous month. Numbers below 50 indicate that more builders view the sales situation as worse than good.
—– Friday, January 17 —–

8:30 AM: housing starts For December.

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

The settlement is an increase from 12.89 million SAAR to 1.315 million SAAR.

9:15 a.m.: Fed to announce Industrial production and production capacity utilization For December.

This graph shows industrial production since 1967.

It was agreed that industrial production would increase by 0.3% and production capacity utilization would increase to 77.0%.