2020 Week 16 U.S. Economic Calendar

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Week 16 of the 2020 U.S. Economic Calendar highlights the housing starts, unemployment numbers, manufacturing data, and small business optimism.

Dr. Anthony Fauci relayed his cautiously-optimistic view that some cities in the U.S. could start relaxing stay-in-place measures by mid-May. These statements came over the weekend as new COVID-19 cases continue to plateau in New York City and elsewhere.

Despite his optimism, the United States surpassed Italy for the globe’s highest confirmed deaths due to COVID-19 infections on Saturday. A week prior, the country became the top hot-spot in confirmed cases.

Here are your key economic updates for the week ahead, April 13 – April 17:

Monday, April 13

  • No major announcements scheduled

Tuesday, April 14

  • Small Business Optimism Index will be released

Wednesday, April 15

  • MBA will release mortgage purchase applications index
  • Retail Sales for March will be published – Consensus is a 3.0% decrease.
  • Empire State Manufacturing Survey
  • Industrial Production and Capacity Utilization
  • April NAHB Homebuilder Survey – consensus is a reading of 59, down from 72. A number above 50 indicates homebuilders are optimistic.
  • Federal Reserve Beige Book – informal survey of the broader economy

Thursday, April 16

  • Weekly unemployment claims – Consensus is 5.00 million new claims versus 6.648 actual last week.
  • Housing Starts
  • Philadelphia Federal Reserve Manufacturing Survey

Friday, April 17

  • State employment and unemployment for March