by Calculated Risk on 8/24/2019 08:11:00 AM
Saturday, August 24, 2019
Schedule for Week of August 25, 2019
The key report this week is second estimate of Q2 GDP.
Other key reports include Personal Income and Outlays for July and Case-Shiller house prices for June.
For manufacturing, the August Richmond and Dallas Fed surveys will be released.
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 1.1% increase in durable goods orders.
10:30 AM: Dallas Fed Survey of Manufacturing Activity for August.
9:00 AM: S&P/Case-Shiller House Price Index for June.
This graph shows the year-over-year change in the seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).
The consensus is for a 2.3% year-over-year increase in the Comp 20 index for June.
9:00 AM: FHFA House Price Index for May 2019. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for August. This is the last of the regional surveys for August.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: Gross Domestic Product, 2nd quarter 2019 (second estimate). The consensus is that real GDP increased 2.0% annualized in Q2, down from the advance estimate of 2.1% in Q2.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 213 thousand initial claims, up from 209 thousand last week.
10:00 AM: Pending Home Sales Index for July. The consensus is for a 0.3% decrease in the index.
8:30 AM ET: Personal Income and Outlays, July 2019. The consensus is for a 0.3% increase in personal income, and for a 0.5% increase in personal spending. And for the Core PCE price index to increase 0.2%.
9:45 AM: Chicago Purchasing Managers Index for August.
10:00 AM: University of Michigan's Consumer sentiment index (Final for August). The consensus is for a reading of 92.3.