Sunday, March 31, 2019

Monday: Retail Sales, ISM Mfg Survey, Construction Spending

by Calculated Risk on 3/31/2019 09:30:00 PM

Schedule for Week of March 31, 2019

• At 8:30 AM, Retail sales for February is scheduled to be released.  The consensus is for a 0.3% increase in retail sales.

• Early, Reis Q1 2019 Office Survey of rents and vacancy rates.

• At 10:00 AM, ISM Manufacturing Index for March. The consensus is for the ISM to be at 54.0, down from 54.2 in February.

• At 10:00 AM, Construction Spending for February. The consensus is for a 0.1% decrease in construction spending.

From CNBC: Pre-Market Data and Bloomberg futures: S&P 500 are up 16 and DOW futures are up 150 (fair value).

Oil prices were up over the last week with WTI futures at $60.49 per barrel and Brent at $68.01 per barrel.  A year ago, WTI was at $65, and Brent was at $69 - so oil prices are down slightly year-over-year.

Here is a graph from for nationwide gasoline prices. Nationally prices are at $2.69 per gallon. A year ago prices were at $2.66 per gallon, so gasoline prices are up slightly year-over-year.