Wednesday, August 19, 2015

Thursday: Existing Home Sales, Unemployment Claims, Philly Fed Mfg

by Bill McBride on 8/19/2015 09:01:00 PM

NOTE: CR is on vacation this week and will return on Sunday, August 23rd.

• At 8:30 AM ET, The initial weekly unemployment claims report will be released.

• At 10:00 AM, the Philly Fed manufacturing survey for August. The consensus is for a reading of 7.0, up from 5.7.

• Also at 10:00 AM, Existing Home Sales for July from the National Association of Realtors (NAR). Sales in June were at a 5.49 million SAAR. Economist Tom Lawler estimates the NAR will report sales of 5.64 million SAAR. The consensus is for 5.41 million SAAR, down from 5.49 million in June.

Take the over on existing home sales!