RSS Feed by Calculated Risk on 4/19/2014 08:31:00 AM
Saturday, April 19, 2014
Schedule for Week of April 20th
The key reports this week are March Existing Home Sales on Tuesday and March New Home sales on Wednesday.
For manufacturing, the April Richmond and Kansas City Fed surveys will be released.
8:30 AM ET: Chicago Fed National Activity Index for March. This is a composite index of other data.
9:00 AM: FHFA House Price Index for February 2013. This was original a GSE only repeat sales, however there is also an expanded index. The consensus is for a 0.3% increase.
10:00 AM: Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for sales of 4.56 million on seasonally adjusted annual rate (SAAR) basis. Sales in February were at a 4.60 million SAAR. Economist Tom Lawler estimates the NAR will report sales of 4.64 million SAAR.
As always, a key will be inventory of homes for sale.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for April. The consensus is for a reading of 0, up from -7 in March.
7:00 AM: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
10:00 AM: New Home Sales for March from the Census Bureau. This graph shows New Home Sales since 1963. The dashed line is the February sales rate.
The consensus is for an in increase in sales to 455 thousand Seasonally Adjusted Annual Rate (SAAR) in March from 440 thousand in February.
During the day: The AIA's Architecture Billings Index for March (a leading indicator for commercial real estate).
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for claims to increase to 313 thousand from 304 thousand.
8:30 AM: Durable Goods Orders for March from the Census Bureau. The consensus is for a 2.0% increase in durable goods orders.
11:00 AM: the Kansas City Fed manufacturing survey for April.
9:55 AM: Reuter's/University of Michigan's Consumer sentiment index (final for April). The consensus is for a reading of 82.5, down from the preliminary reading of 82.6, but up from the March reading of 80.0.
