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The key reports this week are July Retail Sales and Housing Starts.
For manufacturing, the Industrial Production report will be released.
—– Monday, August 14th —–
No major economic releases scheduled.
—– Tuesday, August 15th —–
8:30 AM: Retail sales for July is scheduled to be released. The consensus is for 0.4% 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 New York Fed Empire State manufacturing survey for August. The consensus is for a reading of -0.7, down from 1.1.
10:00 AM: The August NAHB homebuilder survey. The consensus is for a reading of 56, unchanged from 56. Any number above 50 indicates that more builders view sales conditions as good than poor.
—– Wednesday, August 16th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM ET: Housing Starts for July.
This graph shows single and multi-family housing starts since 1968.
The consensus is for 1.440 million SAAR, up from 1.434 million SAAR in June.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for July.
This graph shows industrial production since 1967.
The consensus is for a 0.3% increase in Industrial Production, and for Capacity Utilization to increase to 79.2%.
2:00 PM: FOMC Minutes, Meeting of July 25-26, 2023
—– Thursday, August 17th —–
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 256 thousand initial claims, up from 248 thousand last week.
8:30 AM: the Philly Fed manufacturing survey for August. The consensus is for a reading of -10.0, up from -13.5.
—– Friday, August 18th —–
10:00 AM: State Employment and Unemployment (Monthly) for July 2023
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