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Schedule for Week of April 9, 2023


The key reports this week are March CPI and retail sales.

For manufacturing, the March Industrial Production report will be released this week.

—– Monday, April 10th —–

No major economic releases scheduled.

—– Tuesday, April 11th —–

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

—– Wednesday, April 12th —–

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 March from the BLS. The consensus is for 0.3% increase in CPI (up 5.2% YoY) and a 0.4% increase in core CPI (up 5.6% YoY).

2:00 PM: FOMC Minutes, Meeting of March 21-22

—– Thursday, April 13th —–

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 233 thousand initial claims, up from 228 thousand last week.

8:30 AM: The Producer Price Index for March from the BLS. The consensus is for a 0.0% increase in PPI, and a 0.3% increase in core PPI.

—– Friday, April 14th —–

8:30 AM: Retail sales for March is scheduled to be released.  The consensus is for a 0.4% decrease in retail sales. 

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 6.1% on a YoY basis in February.

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

This graph shows industrial production since 1967.

The consensus is for a 0.2% increase in Industrial Production, and for Capacity Utilization to decrease to 79.0%.

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

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