What to Look for This Week

After last week’s quiet economic calendar, this week brings crucial inflation, housing and manufacturing reports.

We’ll get an update on inflation when January’s Consumer Price Index is reported on Tuesday. Look for the Producer Price Index on Thursday, which will give us news on wholesale inflation.

On Wednesday, the National Association of Home Builders Housing Market Index will provide a near real-time read on builder confidence for this month. Housing Starts and Building Permits for January will be reported on Thursday.

February’s manufacturing data for the New York and Philadelphia regions will be released on Wednesday and Thursday, respectively.

Also of note on Tuesday, we’ll learn how small business owners were feeling last month via the National Federation of Independent Business Small Business Optimism Index. Retail Sales data for January will be released on Wednesday while the latest Jobless Claims remain important to monitor when that data is released as usual on Thursday.