Saturday, August 25, 2018

Schedule for Week of August 26, 2018

by Bill McBride on 8/25/2018 08:11:00 AM

The key report this week is the second estimate of Q2 GDP.

Other key indicators include Personal Income and Outlays for July and Case-Shiller house prices for June.

For manufacturing, the Dallas and Richmond Fed manufacturing surveys will be released this week.

----- Monday, Aug 27th -----

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

10:30 AM: Dallas Fed Survey of Manufacturing Activity for August.

----- Tuesday, Aug 28th -----

Case-Shiller House Prices Indices9:00 AM ET: S&P/Case-Shiller House Price Index for June.

This graph shows the nominal seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).

The consensus is for a 6.5% year-over-year increase in the Comp 20 index for June.

10:00 AM ET: Richmond Fed Survey of Manufacturing Activity for August. This is the last of the regional surveys for August.

----- Wednesday, Aug 29th -----

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

8:30 AM: Gross Domestic Product, 2nd quarter 2018 (Second estimate). The consensus is that real GDP increased 4.0% annualized in Q2, down from the advance estimate of 4.1%.

10:00 AM: Pending Home Sales Index for July. The consensus is for no change in the index.

----- Thursday, Aug 30th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 214 thousand initial claims, up from 210 thousand the previous week.

8:30 AM: Personal Income and Outlays for July. The consensus is for a 0.4% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.2%.

----- Friday, Aug 31st -----

9:45 AM: Chicago Purchasing Managers Index for August. The consensus is for a reading of 63.5, down from 65.5 in July.

10:00 AM: University of Michigan's Consumer sentiment index (Final for August). The consensus is for a reading of 95.3.