For manufacturing, the May Richmond and Dallas Fed manufacturing surveys will be released.
All US markets will be closed in observance of Memorial Day.
8:30 AM: Durable Goods Orders for April from the Census Bureau. The consensus is for a 7.8% decrease in durable goods orders.
9:00 AM: S&P/Case-Shiller House Price Index for March. The consensus is for the Case-Shiller 20-City Composite Index to increase 4.5% YoY, unchanged from 4.5% YoY in February.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).
9:00 AM: FHFA House Price Index for March. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: Dallas Fed Survey of Manufacturing Activity for May.
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.
2:00 PM: FOMC Minutes, Minutes Meeting of May 6-7, 2025
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for initial claims of 225 thousand, down from 227 thousand last week.
8:30 AM: Gross Domestic Product, 1st quarter 2025 (Second estimate). The consensus is that real GDP decreased 0.3% annualized in Q1, unchanged from the advance estimate of -0.3%.
10:00 AM: Pending Home Sales Index for April. The consensus is for a 0.4% decrease in the index.
8:30 AM ET: Personal Income and Outlays, April 2025. 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 0.1%. PCE prices are expected to be up 2.2% YoY, and core PCE prices up 2.5% YoY.
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 50.8.