Saturday, April 20, 2019

Schedule for Week of April 21, 2019

by Calculated Risk on 4/20/2019 08:11:00 AM

The key reports this week are the advance estimate of Q1 GDP, and March New and Existing Home Sales.

For manufacturing, the April Richmond and Kansas City manufacturing surveys will be released.

----- Monday, Apr 22nd -----

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

Existing Home Sales10:00 AM: Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for 5.30 million SAAR, down from 5.51 million.

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

Housing economist Tom Lawler expects the NAR to report sales of 5.40 million SAAR for March.

----- Tuesday, Apr 23rd -----

9:00 AM: FHFA House Price Index for February 2019. This was originally a GSE only repeat sales, however there is also an expanded index.

New Home Sales10:00 AM: New Home Sales for March from the Census Bureau.

This graph shows New Home Sales since 1963. The dashed line is the sales rate for last month.

The consensus is for 645 thousand SAAR, down from 667 thousand in February.

10:00 AM: Richmond Fed Survey of Manufacturing Activity for April.

----- Wednesday, Apr 24th -----

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

----- Thursday, Apr 25th -----

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 200 thousand initial claims, up from 192 thousand the previous week.

8:30 AM: Durable Goods Orders for March from the Census Bureau. The consensus is for a 0.8% increase in durable goods orders.

10:00 AM: the Q1 2019 Housing Vacancies and Homeownership from the Census Bureau.

----- Friday, Apr 26th -----

8:30 AM: Gross Domestic Product, 1st quarter 2019 (Advance estimate). The consensus is that real GDP increased 2.0% annualized in Q1, down from 2.2% in Q4.

10:00 AM: University of Michigan's Consumer sentiment index (Final for April). The consensus is for a reading of 97.1.