Weekly Schedule
The key report scheduled for this week is the April employment report.
Other key reports include the advance estimate of Q1 GDP, March Personal Income and Outlays, February Case-Shiller house prices, and April vehicle sales.
For manufacturing, the April Dallas Fed manufacturing survey, and the ISM index will be released.
10:00 AM: the Q1 2025 Housing Vacancies and Homeownership from the Census Bureau.
10:30 AM: Dallas Fed Survey of Manufacturing Activity for April.
This graph shows the nominal 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 4.8% year-over-year increase in the Comp 20 index for February, up from 4.7% YoY.
9:00 AM: FHFA House Price Index for February. This was originally a GSE only repeat sales, however there is also an expanded index.
This graph shows job openings (black line), hires (dark blue), Layoff, Discharges and other (red column), and Quits (light blue column) from the JOLTS.
Jobs openings decreased in February to 7.57 million from 7.76 million in January.
The number of job openings (black) were down 10% year-over-year.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:15 AM: The ADP Employment Report for April. This report is for private payrolls only (no government). The consensus is for 130,000 payroll jobs added in April, down from 155,000 added in March.
8:30 AM: Gross Domestic Product, 1st quarter 2025 (Advance estimate). The consensus is that real GDP increased 0.4% annualized in Q1, down from 2.4% in Q4.
9:45 AM: Chicago Purchasing Managers Index for April. The consensus is for a reading of 45.5, down from 47.6 in March.
10:00 AM: Personal Income and Outlays, March 2025. The consensus is for a 0.4% increase in personal income, and for a 0.6% increase in personal spending. And for the Core PCE price index to increase 0.1%. PCE prices are expected to be up 2.6% YoY, and core PCE prices up 2.2% YoY.
10:00 AM: Pending Home Sales Index for March. The consensus is for a 1.0% increase in the index.
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for initial claims of 218 thousand, down from 222 thousand last week.
10:00 AM ET: ISM Manufacturing Index for April. The consensus is for the ISM to be at 48.1, down from 49.0 in March.
10:00 AM: Construction Spending for March. The consensus is for a 0.3% increase in construction spending.
This graph shows light vehicle sales since the BEA started keeping data in 1967. The dashed line is the sales rate for the previous month.
The WardsAuto estimate is for sales of 17.4 million SAAR in April.
There were 228,000 jobs added in March, and the unemployment rate was at 4.2%.
This graph shows the jobs added per month since January 2021.