by Calculated Risk on 9/24/2022 08:11:00 AM
Saturday, September 24, 2022
Schedule for Week of September 25, 2022
The key reports this week are August New Home sales, the third estimate of Q2 GDP, Personal Income and Outlays for August, and Case-Shiller house prices for July.
For manufacturing, the Richmond and Dallas Fed manufacturing surveys will be released this week.
8:30 AM ET: Chicago Fed National Activity Index for August. This is a composite index of other data.
10:30 AM: Dallas Fed Survey of Manufacturing Activity for September.
8:30 AM: Durable Goods Orders for August from the Census Bureau. The consensus is for a 0.1% decrease in durable goods orders.
9:00 AM: S&P/Case-Shiller House Price Index for July.
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 17.0% year-over-year increase in the Comp 20 index for July.
9:00 AM: FHFA House Price Index for July. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: New Home Sales for August 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 500 thousand SAAR, down from 511 thousand in July.
10:00 AM: the Richmond Fed manufacturing survey for September. This is the last of the regional surveys for September.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
10:00 AM: Pending Home Sales Index for August. The consensus is 1.0% decrease in the index.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for an increase to 218 thousand from 213 thousand last week.
8:30 AM: Gross Domestic Product (Third Estimate), GDP by Industry, and Corporate Profits (Revised), 2nd Quarter 2022 and Annual Update The consensus is that real GDP decreased 0.6% annualized in Q2, unchanged from the second estimate of -0.6%.
8:30 AM: Personal Income and Outlays, August 2022 and Annual Update The consensus is for a 0.3% increase in personal income, and for a 0.2% increase in personal spending. And for the Core PCE price index to increase 0.5%. PCE prices are expected to be up 6.0% YoY, and core PCE prices up 4.8% YoY.
9:45 AM: Chicago Purchasing Managers Index for September. The consensus is for a reading of 52.0, down from 52.2 in August.
10:00 AM: University of Michigan's Consumer sentiment index (Final for September). The consensus is for a reading of 59.5.