by Calculated Risk on 11/23/2019 08:11:00 AM
Saturday, November 23, 2019
The key reports this week are October New Home sales, and the second estimate of Q3 GDP.
Other key indicators include Personal Income and Outlays for October and Case-Shiller house prices for September.
For manufacturing, the Dallas and Richmond Fed manufacturing surveys will be released this week.
8:30 AM ET: Chicago Fed National Activity Index for October. This is a composite index of other data.
10:30 AM: Dallas Fed Survey of Manufacturing Activity for November.
7:00 PM: Speech, Fed Chair Jerome Powell, Building on the Gains from the Long Expansion, At the Greater Providence Chamber of Commerce 2019 Annual Meeting, Providence, Rhode Island
9:00 AM ET: S&P/Case-Shiller House Price Index for September.
This graph shows 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 3.2% year-over-year increase in the National index for September.
9:00 AM: FHFA House Price Index for September 2018. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: New Home Sales for October 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 707 thousand SAAR, up from 701 thousand in September.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for November. This is the last of the regional Fed manufacturing surveys for November.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 219,000 initial claims, down from 227,000 last week.
8:30 AM: Gross Domestic Product, 3nd quarter 2018 (Second estimate). The consensus is that real GDP increased 1.9% annualized in Q3, unchanged from the advance estimate of GDP.
8:30 AM: Durable Goods Orders for October from the Census Bureau. The consensus is for a 0.7% decrease in durable goods orders.
9:45 AM: Chicago Purchasing Managers Index for November.
10:00 AM: Personal Income and Outlays for October. The consensus is for a 0.3% increase in personal income, and for a 0.3% increase in personal spending. And for the Core PCE price index to increase 0.2%.
10:00 AM: Pending Home Sales Index for October. The consensus is for a 0.2% increase in the index.
2:00 PM: the Federal Reserve Beige Book, an informal review by the Federal Reserve Banks of current economic conditions in their Districts.
All US markets will be closed in observance of the Thanksgiving Day Holiday.
The NYSE and the NASDAQ will close early at 1:00 PM ET.