By Calculated Risk
The key economic reports this week are August Consumer Price Index (CPI) and Retail Sales.
For manufacturing, August Industrial Production, and the September New York and Philly Fed surveys, will be released this week.
No major economic releases scheduled.
6:00 AM: NFIB Small Business Optimism Index for August.
8:30 AM: The Consumer Price Index for August from the BLS. The consensus is for a 0.1% decrease in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 8.1% year-over-year and core CPI to be up 6.1% YoY.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The Producer Price Index for August from the BLS. The consensus is for a 0.1% decrease in PPI, and a 0.3% increase in core PPI.
8:30 AM ET: Retail sales for August will be released. The consensus is for a 0.2% 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 Philly Fed manufacturing survey for September. The consensus is for a reading of 3.5, down from 6.2.
8:30 AM ET: The New York Fed Empire State manufacturing survey for September. The consensus is for a reading of -13.9, up from -31.3.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for August.
This graph shows industrial production since 1967.
The consensus is for a 0.2% increase in Industrial Production, and for Capacity Utilization to increase to 80.3%.
10:00 AM: State Employment and Unemployment (Monthly) for August 2022
0:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for September).