by Calculated Risk on 5/10/2025 08:11:00 AM
The key reports this week are April CPI, Retail Sales and Housing Starts.
For manufacturing, April Industrial Production, and the May NY and Philly Fed manufacturing surveys will be released.
—– Monday, May 12th —–
2:00 PM: Senior Loan Officer Opinion Survey on Bank Lending Practices for April.
—– Tuesday, May 13th —–
6:00 AM ET: NFIB Small Business Optimism Index for April.
8:30 AM: The Consumer Price Index for April from the BLS. The consensus is for 0.3% increase in CPI (up 2.4% YoY), and a 0.3% increase in core CPI (up 2.8% YoY).
11:00 AM: NY Fed: Q1 Quarterly Report on Household Debt and Credit
—– Wednesday, May 14th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
—– Thursday, May 15th —–
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for initial claims of 230 thousand, up from 228 thousand last week.
8:30 AM ET: Retail sales for April are scheduled to be released. The consensus is for 0.1% 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 Producer Price Index for April from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.3% increase in core PPI.
8:30 AM: The New York Fed Empire State manufacturing survey for May. The consensus is for a reading of -7.1, up from -8.1.
8:30 AM: the Philly Fed manufacturing survey for May. The consensus is for a reading of -8.5, up from -26.4.
8:40 AM: Speech, Fed Chair Jerome Powell, Framework Review, At the Thomas Laubach Research Conference, Washington, D.C.
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for April.
This graph shows industrial production since 1967.
The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 77.8%.
10:00 AM: The May NAHB homebuilder survey. The consensus is for a reading of 40 up from 39 last month. Any number below 50 indicates that more builders view sales conditions as poor than good.
—– Friday, May 16th —–
8:30 AM ET: Housing Starts for April.
This graph shows single and total housing starts since 2000.
The consensus is for 1.360 million SAAR, up from 1.324 million SAAR in March.
10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for May).
