Philly Fed, retail sales, PPI, and oil data in focus Thursday

As traders approach another pivotal day for financial markets on Thursday, October 16, 2025, a series of crucial economic data releases and decisions that could sway market dynamics are expected. The Philadelphia Fed Manufacturing Index, retail sales figures, Producer Price Index (PPI), and EIA crude oil inventories are among the key events that will be closely watched by investors and analysts.

Major Economic Events to Watch

• 8:30 AM ET - Philadelphia Fed Manufacturing Index (Forecast:8.6, Previous: 23.2): A key indicator of manufacturing conditions in the Philadelphia region.

• 8:30 AM ET - Retail Sales (Previous:0.6%): A critical measure of consumer spending and overall economic activity.

• 8:30 AM ET - Producer Price Index (PPI) (Previous:-0.1%): An important leading indicator of consumer price inflation.

• 12:00 PM ET - EIA Crude Oil Inventories (Forecast:0.120M, Previous: 3.715M): Weekly change in commercial crude oil stocks, influencing oil prices and inflation.

Other Important Economic Events to Watch

• 8:30 AM ET - Philly Fed Employment (Previous:5.6): Employment component of the Philadelphia Fed index.

• 8:30 AM ET - Retail Control (Previous:0.7%): A measure of core retail sales.

• 9:00 AM ET - Fed Waller Speaks: Potential insights into monetary policy.

• 9:00 AM ET - Fed Vice Chair for Supervision Barr Speaks: May provide clues on financial regulation.

• 10:00 AM ET - Retail Inventories Ex Auto (Forecast:0.3%, Previous: 0.3%): Inventory levels excluding automobiles.

• 10:00 AM ET - Business Inventories (Forecast:0.1%, Previous: 0.2%): Change in the value of unsold goods held by businesses.

• 10:00 AM ET - FOMC Member Bowman Speaks: Potential hints on future monetary policy.

• 12:00 PM ET - EIA Weekly Cushing Oil Inventories (Previous:-0.763M): Crude oil storage levels at a key delivery point.

• 1:00 PM ET - Atlanta Fed GDPNow: A running estimate of real GDP growth for the current quarter.

• 4:30 PM ET - Fed’s Balance Sheet (Previous:6,591B): Weekly report on the Federal Reserve’s assets and liabilities.

• 4:30 PM ET - Reserve balances with Federal Reserve Banks (Previous:3.034T): Amount of money held by depository institutions at the Fed.

• 6:00 PM ET - FOMC Member Kashkari Speaks: Possible insights into monetary policy direction.

Other Economic Events to Watch

• 6:00 AM ET - IMF Meetings: Annual gathering of global financial leaders.

• 8:00 AM ET - FOMC Member Barkin Speaks: Potential clues on monetary policy.

• 8:30 AM ET - Various Philly Fed components: Business Conditions, New Orders, Prices Paid, and Capex Index.

• 10:00 AM ET - NAHB Housing Market Index (Forecast:33, Previous: 32): Gauge of single-family home sales outlook.

• 10:30 AM ET - Natural Gas Storage (Forecast:76B, Previous: 80B): Weekly change in natural gas inventories.

• 11:30 AM ET - 4-Week and 8-Week Bill Auctions: Treasury bill rates indicate government borrowing costs.

• 12:00 PM ET - Various EIA reports on gasoline, distillate fuel production, and inventories.

• 12:45 PM ET - FOMC Member Barkin Speaks: Additional commentary on monetary policy.

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.