by Calculated Risk on 10/01/2017 07:18:00 PM
Sunday, October 01, 2017
• Schedule for Week of Oct 1, 2017
• Early, Reis Q3 2017 Mall Survey of rents and vacancy rates.
• At 10:00 AM ET, ISM Manufacturing Index for September. The consensus is for the ISM to be at 58.0, down from 58.8 in August. The ISM manufacturing index indicated expansion in August. The PMI was at 58.8% in August, the employment index was at 59.9%, and the new orders index was at 60.3%.
• Also at 10:00 AM, Construction Spending for August. The consensus is for a 0.3% increase in construction spending.
From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 4, and DOW futures are up 38 (fair value).
Oil prices were mixed over the last week with WTI futures at $51.67 per barrel and Brent at $56.72 per barrel. A year ago, WTI was at $48, and Brent was at $48 - so oil prices are up year-over-year.
Here is a graph from Gasbuddy.com for nationwide gasoline prices. Nationally prices are at $2.53 per gallon - up sharply in September due to Hurricane Harvey, but now declining - a year ago prices were at $2.22 per gallon - so gasoline prices are up 31 cents per gallon year-over-year.