by Calculated Risk on 10/23/2021 08:11:00 AM

The key reports this week are the advance estimate of Q3 GDP and September New Home sales.

Other key indicators include Personal Income and Outlays for September and Case-Shiller house prices for August.

For manufacturing, the Dallas, Richmond and Kansas City Fed manufacturing surveys will be released this week.

----- Monday, October 25th -----
8:30 AM ET: Chicago Fed National Activity Index for September. This is a composite index of other data.

10:30 AM: Dallas Fed Survey of Manufacturing Activity for October.

----- Tuesday, October 26th -----
9:00 AM ET: S&P/Case-Shiller House Price Index for August.  The consensus is for the Composite 20 index to be up 20.1% year-over-year.

This graph shows the year-over-year change in the nominal seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).

9:00 AM: FHFA House Price Index for August. This was originally a GSE only repeat sales, however there is also an expanded index.

10:00 AM: New Home Sales for September 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 760 thousand SAAR, up from 740 thousand in August.

10:00 AM: Richmond Fed Survey of Manufacturing Activity for October.

----- Wednesday, October 27th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM ET: Durable Goods Orders for September from the Census Bureau. The consensus is for a 1.0% decrease in durable goods orders.

----- Thursday, October 28th -----
8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 295 thousand initial claims, up from 290 thousand last week.

8:30 AM: Gross Domestic Product, 3rd quarter 2021 (advance estimate). The consensus is that real GDP increased 2.8% annualized in Q3, down from 6.7% in Q2.

10:00 AM: Pending Home Sales Index for September. The consensus is 0.5% increase in the index.

11:00 AM: Kansas City Fed Survey of Manufacturing Activity for October. This is the last of the regional surveys for October.

----- Friday, October 29th -----
8:30 AM ET: Personal Income and Outlays for September. The consensus is for a 0.1% decrease 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 October. The consensus is for a reading of 64.0, down from 64.7 in September.

10:00 AM: University of Michigan's Consumer sentiment index (Final for October). The consensus is for a reading of 71.6.