Saturday, October 21, 2017

Schedule for Week of Oct 22, 2017

by Bill McBride on 10/21/2017 08:11:00 AM

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

----- Monday, Oct 23rd -----

8:30 AM ET: Chicago Fed National Activity Index for September. This is a composite index of other data.

----- Tuesday, Oct 24th -----

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

----- Wednesday, Oct 25th -----

7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

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

9:00 AM ET: FHFA House Price Index for August 2017. This was originally a GSE only repeat sales, however there is also an expanded index.

New Home Sales10:00 AM ET: New Home Sales for September from the Census Bureau.

This graph shows New Home Sales since 1963. The dashed line is the August sales rate.

The consensus is for 555 thousand SAAR, down from 560 thousand in August.

----- Thursday, Oct 26th -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 235 thousand initial claims, up from 222 thousand the previous week.

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

----- Friday, Oct 27th -----

8:30 AM: Gross Domestic Product, 3rd quarter 2017 (Advance estimate). The consensus is that real GDP increased 2.5% annualized in Q3.

10:00 AM: University of Michigan's Consumer sentiment index (final for October). The consensus is for a reading of 101.1, unchanged from the preliminary reading 101.1.