The key economic reports this week are October CPI and Retail
For manufacturing, October industrial production, and the November
New York Fed survey, will be released this week.
Fed Chair Jerome Powell will provide testimony to Congress on the
Economic Outlook, on Wednesday and Thursday.
—– Monday, Nov 11th —–
Veterans Day Holiday: Most banks will be closed in
observance of Veterans Day. The stock market will be open. No
economic releases are scheduled.
—– Tuesday, Nov 12th —–
6:00 AM: NFIB Small Business Optimism Index for October.
—– Wednesday, Nov 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 October from the BLS.
The consensus is for a 0.3% increase in CPI, and a 0.2% increase in
11:00 AM: NY Fed: Q3 Quarterly Report on Household Debt and
11:00 AM: Testimony, Fed Chair Jerome Powell, The Economic
Outlook, Before the Joint Economic Committee, U.S. Congress
—– Thursday, Nov 14th —–
8:30 AM: The initial weekly unemployment claims report will
be released. The consensus is for 215,000 initial claims, up from
211,000 last week.
8:30 AM: The Producer Price Index for October from the BLS.
The consensus is for a 0.3% increase in PPI, and a 0.2% increase in
10:00 AM: Testimony, Fed Chair Jerome Powell, The Economic
Outlook, Before the House Budget Committee, Washington, D.C.
This graph shows the year-over-year change in retail sales and food
service (ex-gasoline) since 1993. Retail and Food service sales,
ex-gasoline, increased by 4.7% on a YoY basis.
8:30 AM: The New York Fed Empire State manufacturing survey
for November. The consensus is for a reading of 5.0, up from
This graph shows industrial production since 1967.
The consensus is for a 0.4% decrease in Industrial Production, and
for Capacity Utilization to decrease to 77.2%.
Source: FS – All – Real Estate News 2
Schedule for Week of November 10, 2019