Wednesday, May 23, 2018

Thursday: Unemployment Claims, Existing Home Sales

by Bill McBride on 5/23/2018 08:31:00 PM

Thursday:
• At 8:30 AM ET: The initial weekly unemployment claims report will be released.  The consensus is for 220 thousand initial claims, down from 222 thousand the previous week.

• At 9:00 AM: FHFA House Price Index for March 2018. This was originally a GSE only repeat sales, however there is also an expanded index.

• At 10:00 AM: Existing Home Sales for April from the National Association of Realtors (NAR). The consensus is for 5.60 million SAAR, unchanged from 5.60 million in March. Housing economist Tom Lawler estimates the NAR will reports sales of 5.48 million SAAR for April.

• At 11:00 AM: the Kansas City Fed manufacturing survey for May.