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Schedule for Week of October 10, 2021

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by Calculated Risk on 10/09/2021 08:11:00 AM

The key economic reports this week are September CPI and Retail Sales.

For manufacturing, the October New York Fed survey will be released this week.

—– Monday, October 11th —–

Columbus Day Holiday: Banks will be closed in observance of Columbus Day. The stock market will be open. No economic releases are scheduled.

—– Tuesday, October 12th —–

6:00 AM: NFIB Small Business Optimism Index for September.

10:00 AM: Job Openings and Labor Turnover Survey for August from the BLS.

This graph shows job openings (yellow line), hires (purple), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.

Jobs openings increased in July to 10.934 million from 10.185 million in June. This is a new record high for this series.

The number of job openings (yellow) were up 63% year-over-year. Quits were up 25% year-over-year.

—– Wednesday, October 13th —–

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The Consumer Price Index for September from the BLS. The consensus is for a 0.3% increase in CPI, and a 0.3% increase in core CPI.

2:00 PM: FOMC Minutes, Meeting of September 21-22, 2021

—– Thursday, October 14th —–

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 315 thousand initial claims, down from 326 thousand last week.

8:30 AM: The Producer Price Index for September from the BLS. The consensus is for a 0.6% increase in PPI, and a 0.5% increase in core PPI.

—– Friday, October 15th —–

8:30 AM ET: Retail sales for September will be released. The consensus is for a 0.2% decrease 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 ET: The New York Fed Empire State manufacturing survey for October. The consensus is for a reading of 27.0, down from 34.3.

10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for October).

October 8th COVID-19: Over 400 Million Doses Administered

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