Wednesday, January 30, 2019

Thursday: New Home Sales (Yes!), Unemployment Claims, Chicago PMI

by Calculated Risk on 1/30/2019 08:54:00 PM

The BEA and Census have set some dates for delayed economic releases. For example, New Home sales for November will be released Thursday (the December release is not scheduled yet). There is no release date yet for Q4 GDP or December Personal Income and Outlays.

Thursday:
• At 8:30 AM ET, The initial weekly unemployment claims report will be released. The consensus is for 217 thousand initial claims, up from 213 thousand the previous week.

• Also at 8:30 AM, POSTPONED Personal Income and Outlays for December. The consensus is for a 0.4% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.2%.

• At 9:45 AM, Chicago Purchasing Managers Index for January. The consensus is for a reading of 62.5, down from 65.4 in December.

• At 10:00 AM, New Home Sales for November from the Census Bureau. The consensus was for 560 thousand SAAR, up from 544 thousand in October.