by Calculated Risk on 5/14/2025 07:15:00 PM
Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.
Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for initial claims of 230 thousand, up from 228 thousand last week.
• Also at 8:30 AM, Retail sales for April are scheduled to be released. The consensus is for 0.1% increase in retail sales.
• Also at 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.
• Also at 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.
• Also at 8:30 AM, the Philly Fed manufacturing survey for May. The consensus is for a reading of -8.5, up from -26.4.
• At 8:40 AM, Speech, Fed Chair Jerome Powell, Framework Review, At the Thomas Laubach Research Conference, Washington, D.C.
• At 9:15 AM, The Fed will release Industrial Production and Capacity Utilization for April. The consensus is for a 0.1% increase in Industrial Production, and for Capacity Utilization to be unchanged at 77.8%.
• At 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.
