Tuesday, August 28, 2018

Wednesday: GDP, Pending Home Sales

by Bill McBride on 8/28/2018 07:51:00 PM

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

• At 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%.

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