by Calculated Risk on 5/14/2022 08:11:00 AM
The key reports this week are April Retail Sales, Housing Starts and Existing Home Sales.
For manufacturing, April Industrial Production, and the May NY and Philly Fed manufacturing surveys will be released.
Fed Chair Powell speaks on Tuesday.
Note: The Census Bureau is expected to release “National, State, and County housing units” from the 2020 Census sometime in May.
—– Monday, May 16th —–
8:30 AM: The New York Fed Empire State manufacturing survey for May. The consensus is for a reading of 17.0, down from 24.6. —– Tuesday, May 17th —–
8:30 AM ET: Retail sales for April is scheduled to be released. The consensus is for 0.8% 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).
Retail sales were up 0.7% in March.