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Saturday, January 16, 2021

Schedule for Week of January 17, 2021

by Calculated Risk on 1/16/2021 08:11:00 AM

The key reports this week are December housing starts and existing home sales.

For manufacturing, the January Philly Fed manufacturing survey will be released.

----- Monday, Jan 18th -----

All US markets will be closed in observance of Martin Luther King Jr. Day

----- Tuesday, Jan 19th -----

No major economic releases scheduled.

----- Wednesday, Jan 20th -----

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

10:00 AM: The January NAHB homebuilder survey. The consensus is for a reading of  86, unchanged from 86 in December. Any number above 50 indicates that more builders view sales conditions as good than poor.

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

----- Thursday, Jan 21st -----

8:30 AM: The initial weekly unemployment claims report will be released.  The consensus is for an increase to 985 thousand from 965 thousand last week.

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

This graph shows single and total housing starts since 1968.

The consensus is for 1.560 million SAAR, up from 1.547 million SAAR.

8:30 AM: the Philly Fed manufacturing survey for January. The consensus is for a reading of 12.3, up from 9.1.

----- Friday, Jan 22nd -----

Existing Home Sales10:00 AM: Existing Home Sales for December from the National Association of Realtors (NAR). The consensus is for 6.55 million SAAR, down from 6.69 million.

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