Economic News this upcoming week + Recent Chapter 11 Bankruptcy Filings + List of Nov Layoffs so far.


Tuesday:

MOM Core PPI/Headline MOM PPI

MOM Core PPI

Headline MOM PPI

The Producer Price Index (PPI) measures the change in the selling price of goods and services sold by producers. The PPI measures price change from the perspective of the seller. When producers pay more for goods and services, they are more likely to pass the higher costs to the consumer, so PPI is thought to be a leading indicator of consumer inflation.

New York Fed Third Quarter Household Debt and Credit Report

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Total household debt rose $312 billion, or 2%, in the second quarter from the previous three-month period.

Wednesday:

MOM Core Retail Sales/Headline MOM Retail Sales

MOM Core Retail Sales

MOM Retail Sales

Retail Sales measure the change in the total value of sales at the retail level. It is the foremost indicator of consumer spending, which accounts for the majority of overall economic activity.

National Association of Home Builders Monthly Housing Market Index

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The NAHB/Wells Fargo Housing Market Index (HMI) is based on a monthly survey of NAHB members designed to take the pulse of the single-family housing market. The survey asks respondents to rate market conditions for the sale of new homes at the present time and in the next six months as well as the traffic of prospective buyers of new homes.

This index has shown 10 straight months of decline due to rising interest rates

Friday

National Association of Realtors Existing Home Sales Numbers

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The Existing-Home Sales data measures sales and prices of existing single-family homes for the nation overall, and gives breakdowns for the West, Midwest, South, and Northeast regions of the country. These figures include condos and co-ops, in addition to single-family homes.

Sales fell 1.5% MOM in the last report.

FOMC Speakers

FOMC Williams Nov 14th and 16th

FOMC Bullard Nov 17th

FOMC Bowman Nov 17th

FOMC Mester Nov 17th

Recent Chapter 11 Bankruptcy Filings

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As you can see, alot from FTX

Most Recent Round of Layoffs

Meta: (13%)/Tech

Mythical Games: (10%)/Gaming Tech

Unacademy: (10%)/EdTech

Beat: 600 employees/Ride Hailing

Schaeffler: (1.6%)/Automobile

The Dixie Group: (20%)/Manufacturing

Amazon: Pausing/e-commerce

Twitter: (50%)/Tech

Rubius Therapeutics: (82%)/Healthcare

Udaan: 400 employees/e-commerce

Kry International AB: (10%)/Health Tech

Open Door: (18%)/Real Estate


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