Saturday, February 17, 2018

Schedule for Week of Feb 18, 2018

by Bill McBride on 2/17/2018 08:11:00 AM

The key economic report this week is January existing home sales.

----- Monday, Feb 19th -----

All US markets are closed in observance of the Presidents' Day holiday.

----- Tuesday, Feb 20th -----

No major economic releases scheduled.

----- Wednesday, Feb 21st -----

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

Existing Home Sales10:00 AM: Existing Home Sales for January from the National Association of Realtors (NAR). The consensus is for 5.65 million SAAR, up from 5.57 million in December.

The graph shows existing home sales from 1994 through the report last month.

Housing economist Tom Lawler expects the NAR to report sales of 5.48 million SAAR for January.

During the day: The AIA's Architecture Billings Index for January (a leading indicator for commercial real estate).

2:00 PM: FOMC Minutes, Meeting of January 30-31, 2018

----- Thursday, Feb 22nd -----

8:30 AM ET: The initial weekly unemployment claims report will be released.  The consensus is for 230 thousand initial claims, unchanged from 230 thousand the previous week.

11:00 AM: the Kansas City Fed manufacturing survey for February.

----- Friday, Feb 23rd -----

No major economic releases scheduled.