by Calculated Risk on 10/15/2022 08:11:00 AM
The key economic reports this week are September Housing Starts and Existing Home sales.
For manufacturing, September Industrial Production, and the October New York and Philly Fed surveys will be released this week.
8:30 AM ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of -4.0, down from -1.5.
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 80.0%.
10:00 AM: The October NAHB homebuilder survey. The consensus is for a reading of 44, down from 46 in September. Any number below 50 indicates that more builders view sales conditions as poor than good.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
This graph shows single and multi-family housing starts since 1968.
The consensus is for 1.478 million SAAR, down from 1.575 million SAAR.
During the day: The AIA’s Architecture Billings Index for September (a leading indicator for commercial real estate).
2:00 PM: the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for an increase to 232 thousand from 228 thousand last week.
8:30 AM: the Philly Fed manufacturing survey for October. The consensus is for a reading of -4.5, up from -9.9.
The graph shows existing home sales from 1994 through the report last month.
10:00 AM: State Employment and Unemployment (Monthly) for September 2022