Schedule for Week of February 16, 2025

The key reports this week are January Housing Starts and Existing Home sales.

For manufacturing, the February New York and Philly Fed manufacturing surveys will be released.

----- Monday, February 17th -----
All US markets will be closed in observance of Washington's Birthday.

----- Tuesday, February 18th -----
8:30 AM: The New York Fed Empire State manufacturing survey for February. The consensus is for a reading of -1.0, up from -12.6.

10:00 AM: The February NAHB homebuilder survey.  The consensus is for a reading of 47, unchanged from 47 the previous month. Any number below 50 indicates that more builders view sales conditions as poor than good.

----- Wednesday, February 19th -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the mortgage purchase applications index.

8:30 AM: Housing Starts for January.

This graph shows single and multi-family housing starts since 1968.

The consensus is for 1.394 million SAAR, down from 1.499 million SAAR.

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

2:00 PM: FOMC Minutes, Meeting of Meeting of January 28-29, 2025

----- Thursday, February 20th -----
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for an increase to 216 thousand from 213 thousand last week.

8:30 AM: The Philly Fed manufacturing survey for February. The consensus is for a reading of 25.4, down from 44.3.

----- Friday, February 21st -----
10:00 AM: Existing Home Sales for January from the National Association of Realtors (NAR). The consensus is for 4.17 million SAAR, down from 4.24 million.

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

10:00 AM: University of Michigan's Consumer sentiment index (Final for February).