This week's major U.S. economic reports (October 17 - October 21)
Last edited Sun Oct 16, 2022, 05:19 AM - Edit history (1)
MarketWatch updates the schedule throughout the week, so check their site for revisions.
James Chen is not doing the report for J. P. Morgan this week. Alex Bova has the gig instead.
This week's post marks a year that I have been posting these schedules, apparently.
Sun Oct 17, 2021: This week's major U.S. economic reports (October 18 - October 22)
THIS WEEK'S MAJOR U.S. ECONOMIC REPORTS & FED SPEAKERS
TIME (ET) REPORT PERIOD ACTUAL MEDIAN FORECAST PREVIOUS
MONDAY, OCT. 17
8:30 am Empire State manufacturing index Oct. -- -1.5
TUESDAY, OCT. 18
9:15 am Industrial production index Sept. -- -0.2%
9:15 am Capacity utilization rate Sept. -- 80.0%
10 am NAHB home builders' index Oct. -- 46
WEDNESDAY, OCT. 19
8:30 am Building permits (SAAR) Sept. -- 1.54 million
8:30 am Housing starts (SAAR) Sept. -- 1.58 million
2 pm Beige Book
THURSDAY, OCT. 20
8:30 am Initial jobless claims Oct. 15 -- N/A
8:30 am Continuing jobless claims Oct. 1 -- N/A
8:30 am Philadelphia Fed manufacturing index Oct. -- -9.9
10 am Existing home sales (SAAR) Sept. -- 4.80 million
10 am Leading economic indicators Sept. -- -0.3%
FRIDAY, OCT. 21
12 noon Index of common inflation expectations, 5-10 years Q3 -- 3.1%
12 noon Index of common inflation expectations, 10 year Q3 -- 2.2%
https://www.chase.com/personal/investments/learning-and-insights/category/markets
Economic outlook
Up next for the markets: October 17 - October 21
Alex Bova
Content and Communications, J.P. Morgan Wealth Management
Oct 12, 2022 | 3 min read
A look at the housing markets prospects is on tap this week with a bevy of data pertaining to real estate slated for release.
Be on the lookout for existing home sales, which will provide a better sense of how rising mortgage rates and elevated home prices are impacting demand.
The state of the real estate market will become clearer this week with several housing-related data points scheduled for release. Investors will be paying close attention given mortgage rates and home prices continue to rise, pushing more would-be buyers out of the market.
First out of the gate is the NAHB/Wells Fargo Housing Market Index for October. This leading economic indicator tracks new homes hitting the market as well as potential buyers. This area of the market has been under pressure for several months. Inflation remains high, home prices are elevated and more rate hikes are likely. Thats weighed on builder optimism, a trend that figures to continue.
Also on the agenda this week are housing starts and building permits, which track activity in terms of real estate construction. If the numbers are up, it signals the housing market is expanding. If it's down, it means it's contracting. Existing home sales, which are released Thursday, is another key data point investors will be studying. Existing home sales declined for the seventh-straight month in August. More of the same is expected for September.
Rounding out the economic news for the week is jobless claims. Despite a slowing economy, the job market remains tight.
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