Monday, September 04, 2017

Tuesday: CoreLogic House Price Index

by Bill McBride on 9/04/2017 08:15:00 PM

Tuesday:
• At 10:00 AM ET, The CoreLogic House Price index for July.

Note: On Wednesday, the BLS will release the Preliminary Benchmark Revision for the 2017 Current Employment Statistics (CES). From the BLS:

"Each year, the Current Employment Statistics (CES) survey estimates are benchmarked to comprehensive counts of employment from the Quarterly Census of Employment and Wages (QCEW) for the month of March. These counts are derived from state unemployment insurance (UI) tax records that nearly all employers are required to file. On September 6, 2017 at 10:00 a.m. the Bureau of Labor Statistics (BLS) will release the preliminary estimate of the upcoming annual benchmark revision to the establishment survey employment series. ... The final benchmark revision will be issued with the publication of the January 2018 Employment Situation news release in February. "
The preliminary estimate is usually pretty close to the annual revision. The following table shows the benchmark revisions since 2006.


Employment Benchmark Revisions (000s)
YearRevision
2006752
2007-293
2008-89
2009-902
2010-378
2011162
2012424
2013-119
201467
2015-172
2016-81