RSS Feed by Calculated Risk on 8/19/2023 08:11:00 AM
Saturday, August 19, 2023
Schedule for Week of August 20, 2023
The key reports this week are July New and Existing Home sales.
For manufacturing, the August Richmond and Kansas City Fed surveys will be released.
Fed Chair Jerome Powell will speak on the "Economic Outlook" at the Jackson Hole Symposium on Friday.
The BLS will release the preliminary employment benchmark revision on Wednesday.
No major economic releases scheduled.
10:00 AM: Existing Home Sales for July from the National Association of Realtors (NAR). The consensus is for 4.15 million SAAR, down from 4.16 million last month.The graph shows existing home sales from 1994 through the report last month.
Housing economist Tom Lawler expects the NAR to report sales of 4.06 million SAAR for July.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for August.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
10:00 AM: New Home Sales for July from the Census Bureau. This graph shows New Home Sales since 1963. The dashed line is the sales rate for last month.
The consensus is for 701 thousand SAAR, up from 697 thousand in June.
10:00 AM: the Bureau of Labor Statistics (BLS) will release the 2023 Preliminary Benchmark Revision to Establishment Survey Data.
During the day: The AIA's Architecture Billings Index for July (a leading indicator for commercial real estate).
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 244 thousand initial claims, up from 239 thousand last week.
8:30 AM ET: Chicago Fed National Activity Index for July. This is a composite index of other data.
8:30 AM: Durable Goods Orders for July from the Census Bureau. The consensus is for a 4.0% decrease in durable goods orders.
11:00 AM: the Kansas City Fed manufacturing survey for August.
10:00 AM: University of Michigan's Consumer sentiment index (Final for August). The consensus is for a reading of 71.2.
10:05 AM: Speech, Fed Chair Jerome Powell, Economic Outlook, At the Jackson Hole Economic Policy Symposium
