by Calculated Risk on 1/10/2026 08:11:00 AM
The key reports this week are December CPI, Existing Home Sales and November Retail Sales. Also, New Home Sales for September and October will be released.
For manufacturing, the December Industrial Production report and the January New York and Philly Fed manufacturing surveys will be released.
—– Monday, January 12th —–
No major economic releases scheduled.
—– Tuesday, January 13th —–
6:00 AM: NFIB Small Business Optimism Index for December.
8:30 AM: The Consumer Price Index for December from the BLS. The consensus is for 0.3% increase in CPI, and a 0.3% increase in core CPI. The consensus is for CPI to be up 2.7% year-over-year and core CPI to be up 2.7% YoY.
10:00 AM: New Home Sales for September and October from the Census Bureau.
This graph shows New Home Sales since 1963 through August 2025.
The dashed line is the sales rate for August.
The consensus is for 714 thousand SAAR for October.
—– Wednesday, January 14th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index. This will be two weeks of data.
8:30 AM ET: The Producer Price Index for December from the BLS. The consensus is for a 0.3% increase in PPI, and a 0.2% increase in core PPI.
8:30 AM: Retail sales for November is scheduled to be released.
This graph shows retail sales since 1992.
This is monthly retail sales and food service, seasonally adjusted (total and ex-gasoline).
December retail sales for December have not been scheduled yet.
10:00 AM: Existing Home Sales for December from the National Association of Realtors (NAR). The consensus is for 4.23 million SAAR, up from 4.13 million.
The graph shows existing home sales from 1994 through the report last month.
2:00 PM: the Federal Reserve Beige Bookan informal review by the Federal Reserve Banks of current economic conditions in their Districts.
—– Thursday, January 15th —–
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 208K, unchanged from 208K.
8:30 AM: The New York Fed Empire State manufacturing survey for January. The consensus is for a reading of 1.0, down from -3.9.
8:30 AM: the Philly Fed manufacturing survey for January. The consensus is for a reading of -5.0, up from -10.2.
—– Friday, January 16th —–
9:15 AM: The Fed will release Industrial Production and Capacity Utilization for December.
This graph shows industrial production since 1967.
The consensus is for a 0.2% increase in Industrial Production, and for Capacity Utilization to be unchanged at 76.0%.
10:00 AM: The January NAHB homebuilder survey.
The consensus is for a reading of 40, up from 39 the previous month. Any number below 50 indicates that more builders view sales conditions as poor than good.
