Retail sales, PPI, and jobless claims highlight Thursday’s economic data

Published 05/14/2025, 02:00 PM
© Reuters.

As traders approach another pivotal day for financial markets, a series of crucial economic data releases that could sway market dynamics are expected on Thursday, May 15, 2025. The day’s lineup includes key indicators such as retail sales, producer price index (PPI), and initial jobless claims, which will provide insights into consumer spending, inflation pressures, and the labor market’s health.

Major Economic Events to Watch

• 8:30 AM ET - Retail Sales (Apr): Expected 0.0%, Previous 1.4%. Measures the change in total value of sales at the retail level.

• 8:30 AM ET - Core Retail Sales (Apr): Expected 0.3%, Previous 0.5%. Excludes automobiles from the retail sales figure.

• 8:30 AM ET - PPI (Apr): Expected 0.2%, Previous -0.4%. Measures the change in the price of goods sold by manufacturers.

• 8:30 AM ET - Philadelphia Fed Manufacturing Index (May): Expected -9.9, Previous -26.4. Indicates general business conditions in Philadelphia.

• 8:30 AM ET - Initial Jobless Claims: Expected 229K, Previous 228K. Measures first-time claims for unemployment insurance.

• 8:40 AM ET - Fed Chair Powell Speaks. Powell’s remarks often provide hints about future monetary policy.

Other Important Economic Events to Watch

• 4:00 AM ET - IEA Monthly Report. Covers major issues affecting the world oil market.

• 8:30 AM ET - Retail Control (Apr): Expected 0.3%, Previous 0.4%.

• 8:30 AM ET - Core PPI (Apr): Expected 0.3%, Previous -0.1%. Excludes food and energy from the PPI.

• 8:30 AM ET - Philly Fed Employment: Previous 0.2. Employment component of the Philadelphia Fed index.

• 8:30 AM ET - NY Empire State Manufacturing Index (May): Expected -7.90, Previous -8.10. Indicates business conditions in New York state.

• 8:30 AM ET - Continuing Jobless Claims: Expected 1,890K, Previous 1,879K. Measures ongoing unemployment insurance claims.

• 9:15 AM ET - Industrial Production (Apr): Expected 0.2%, Previous -0.3%. Measures change in total inflation-adjusted output by manufacturers, mines, and utilities.

• 10:00 AM ET - Retail Inventories Ex Auto (Mar): Expected 0.4%, Previous 0.1%.

• 10:00 AM ET - Business Inventories (Mar): Expected 0.2%, Previous 0.2%. Measures change in the worth of unsold goods.

• 1:00 PM ET - Atlanta Fed GDPNow (Q2): Previous 2.3%. Provides a running estimate of real GDP growth.

• 2:05 PM ET - Fed Vice Chair for Supervision Barr Speaks.

• 4:30 PM ET - Fed’s Balance Sheet: Previous 6,711B. Discloses assets and liabilities of the Federal Reserve System.

• 4:30 PM ET - Reserve balances with Federal Reserve Banks: Previous 3.201T.

Other Economic Events to Watch

• 8:30 AM ET - Retail Sales Ex Gas/Autos (Apr): Previous 0.8%.

• 8:30 AM ET - Core PPI (YoY) (Apr): Expected 3.1%, Previous 3.3%.

• 8:30 AM ET - PPI (YoY) (Apr): Expected 2.5%, Previous 2.7%.

• 8:30 AM ET - Philly Fed Business Conditions: Previous 6.9.

• 8:30 AM ET - Philly Fed New Orders: Previous -34.2.

• 8:30 AM ET - Philly Fed Prices Paid: Previous 51.00.

• 8:30 AM ET - Philly Fed Capex Index: Previous 2.00.

• 8:30 AM ET - PPI ex. Food/Energy/Trade (MoM) (Apr): Previous 0.1%.

• 8:30 AM ET - PPI ex. Food/Energy/Trade (YoY) (Apr): Previous 3.4%.

• 8:30 AM ET - Retail Sales (YoY) (Apr): Previous 4.60%.

• 8:30 AM ET - Jobless Claims 4-Week Avg.: Previous 227.00K.

• 9:15 AM ET - Manufacturing Output (Apr): Expected -0.2%, Previous 0.3%.

• 9:15 AM ET - Capacity Utilization Rate (Apr): Expected 77.9%, Previous 77.8%.

• 10:00 AM ET - NAHB Housing Market Index (May): Expected 40, Previous 40.

• 10:30 AM ET - Natural Gas Storage: Previous 104B.

• 11:30 AM ET - 4-Week Bill Auction: Previous 4.225%.

• 11:30 AM ET - 8-Week Bill Auction: Previous 4.225%.

For further information and the latest updates, please refer to our Economic Calendar, here.

This article was generated with the support of AI and reviewed by an editor. For more information see our T&C.

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