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Saturday, May 25, 2019

Schedule for Week of May 26, 2019

by Calculated Risk on 5/25/2019 08:11:00 AM

The key reports this week are the second estimate of Q1 GDP, Case-Shiller house prices, and Personal Income and Outlays for April.

For manufacturing, the May Dallas and Richmond Fed manufacturing surveys will be released.

----- Monday, May 27th -----

All US markets will be closed in observance of Memorial Day.

----- Tuesday, May 28th -----

Case-Shiller House Prices Indices9:00 AM: S&P/Case-Shiller House Price Index for March.

This graph shows the year-over-year change in the seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).

The consensus is for a 2.5% year-over-year increase in the Comp 20 index for March.

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

10:30 AM: Dallas Fed Survey of Manufacturing Activity for May.

----- Wednesday, May 29th -----

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

10:00 AM: Richmond Fed Survey of Manufacturing Activity for May. This is the last of regional manufacturing surveys for May.

----- Thursday, May 30th -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for 215 thousand initial claims, up from 211 thousand last week.

8:30 AM: Gross Domestic Product, 1st quarter 2019 (Second estimate). The consensus is that real GDP increased 3.0% annualized in Q2, down from the advance estimate of 3.2%.

10:00 AM: Pending Home Sales Index for April. The consensus is for a 0.3% increase in the index.

----- Friday, May 31st -----

8:30 AM ET: Personal Income and Outlays, April 2019. The consensus is for a 0.3% increase in personal income, and for a 0.2% increase in personal spending. And for the Core PCE price index to increase 0.2%.

9:45 AM: Chicago Purchasing Managers Index for May.

10:00 AM: University of Michigan's Consumer sentiment index (Final for May). The consensus is for a reading of 101.0.