Friday: Personal Income and Outlays, Durable Goods, New Home Sales

Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Friday:
• At 8:30 AM ET, Durable Goods Orders for November.  The consensus is for a 0.1% increase..

• Also at 8:30 AM, Personal Income and Outlays for November. The consensus is for a 0.4% increase in personal income, and for a 0.3% increase in personal spending. And for no change in the PCE price index, and the Core PCE price index to increase 0.2%.  PCE prices are expected to be up 2.8% YoY, and core PCE prices up 3.4% YoY.

• At 10:00 AM, New Home Sales for November from the Census Bureau. The consensus is for 695 thousand SAAR, up from 679 thousand in October.

• Also at 10:00 AM, University of Michigan's Consumer sentiment index (Final for December).

• Also at 10:00 AM, State Employment and Unemployment (Monthly) for November 2023