Saturday, August 15, 2020

Schedule for Week of August 16, 2020

by Calculated Risk on 8/15/2020 08:11:00 AM

The key reports this week are July Housing Starts and Existing Home Sales.

The BLS will release the preliminary employment benchmark revision.

----- Monday, August 17th -----

8:30 AM: The New York Fed Empire State manufacturing survey for August. The consensus is for a reading of 15.0, down from 17.2.

10:00 AM: The August NAHB homebuilder survey. The consensus is for a reading of 73, up from 72. Any number above 50 indicates that more builders view sales conditions as good than poor.

12:00 PM: MBA Q2 National Delinquency Survey (expected)

----- Tuesday, August 18th -----

Total Housing Starts and Single Family Housing Starts8:30 AM ET: Housing Starts for July.

This graph shows single and total housing starts since 1968.

The consensus is for 1.237 million SAAR, up from 1.186 million SAAR in June.

----- Wednesday, August 19th -----

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

10:00 AM: the Bureau of Labor Statistics (BLS) will release the preliminary estimate of the upcoming annual benchmark revision.

10:00 AM: Advance Services Report, Second Quarter 2020

During the day: The AIA's Architecture Billings Index for July (a leading indicator for commercial real estate).

2:00 PM: FOMC Minutes, Meeting of July 28-29, 2020

----- Thursday, August 20th -----

8:30 AM: The initial weekly unemployment claims report will be released. The early consensus is for a 900 thousand initial claims, down from 963 thousand the previous week.

8:30 AM: the Philly Fed manufacturing survey for August. The consensus is for a reading of 20.5, down from 24.1.

----- August 21st -----

Existing Home Sales10:00 AM: Existing Home Sales for July from the National Association of Realtors (NAR). The consensus is for 5.39 million SAAR, up from 4.72 million last month.

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

10:00 AM: State Employment and Unemployment (Monthly) for July 2019