Saturday, September 15, 2018

Schedule for Week of September 16, 2018

by Bill McBride on 9/15/2018 08:11:00 AM

The key economic reports this week are August Housing Starts and Existing Home Sales.

For manufacturing, the September New York and Philly Fed surveys, will be released this week.

----- Monday, Sept 17th -----

8:30 AM ET: The New York Fed Empire State manufacturing survey for September. The consensus is for a reading of 23.0, down from 25.6.

----- Tuesday, Sept 18th -----

10:00 AM: The September NAHB homebuilder survey. The consensus is for a reading of  67, unchanged from 67 in August. Any number above 50 indicates that more builders view sales conditions as good than poor.

----- Wednesday, Sept 19th -----

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

Total Housing Starts and Single Family Housing Starts8:30 AM: Housing Starts for August.

This graph shows single and total housing starts since 1968.

The consensus is for 1.240 million SAAR, up from 1.168 million SAAR.

During the day: The AIA's Architecture Billings Index for August (a leading indicator for commercial real estate).

----- Thursday, Sept 20th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 210 thousand initial claims, up from 204 thousand the previous week.

8:30 AM: the Philly Fed manufacturing survey for September. The consensus is for a reading of 19.2, up from 11.9.

Existing Home Sales10:00 AM: Existing Home Sales for August from the National Association of Realtors (NAR). The consensus is for 5.36 million SAAR, up from 5.34 million in July.

The graph shows existing home sales from 1994 through the report last month.

12:00 PM: Q2 Flow of Funds Accounts of the United States from the Federal Reserve.

----- Friday, Sept 21st -----

10:00 AM: State Employment and Unemployment (Monthly) for August 2018