Schedule for Week of May 6, 2018
The key economic report this week is the Consumer Price Index (CPI) on Thursday.
—– Monday, May 7th —–
3:00 PM: Consumer Credit from the Federal Reserve. The consensus is for consumer credit to increase $16.0 billion in March.
—– Tuesday, May 8th —–
3:15 AM ET: Panel Discussion, Fed Chair Jerome Powell, Monetary Policy Influences on Global Financial Conditions and International Capital Flows, At the Swiss National Bank and International Monetary Fund High Level Conference on the International Monetary System, Zurich, Switzerland
6:00 AM: NFIB Small Business Optimism Index for April.
10:00 AM ET: Job Openings and Labor Turnover Survey for March 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 decreased in February to 6.052 million from 6.228 in January.
The number of job openings (yellow) were up 7.7% year-over-year, and Quits were up 6.3% year-over-year.
—– Wednesday, May 9th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The Producer Price Index for April from the BLS. The consensus is a 0.3% increase in PPI, and a 0.2% increase in core PPI.
—– Thursday, May 10th —–
8:30 AM ET: The initial weekly unemployment claims report will be released. The consensus is for 220 thousand initial claims, up from 211 thousand the previous week.
8:30 AM: The Consumer Price Index for April from the BLS. The consensus is for a 0.3% increase in CPI, and a 0.2% increase in core CPI.
—– Friday, May 11th —–
10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for May). The consensus is for a reading of 99.0, up from 98.8.