by Calculated Danger on 9/21/2024 08:11:00 AM
The important thing studies this week are August New House gross sales, the third estimate of Q2 GDP, Private Earnings and Outlays for August, and Case-Shiller home costs for July.
For manufacturing, the Richmond and Kansas Metropolis Fed manufacturing surveys will probably be launched this week.
—– Monday, September twenty third —–
8:30 AM ET: Chicago Fed Nationwide Exercise Index for August. It is a composite index of different information.
—– Tuesday, September twenty fourth —–
9:00 AM: S&P/Case-Shiller Home Value Index for July.
This graph exhibits the year-over-year change within the seasonally adjusted Nationwide Index, Composite 10 and Composite 20 indexes by way of the newest report (the Composite 20 was began in January 2000).
The consensus is for a 5.9% year-over-year enhance within the Composite 20 index for July.
9:00 AM: FHFA Home Value Index for July. This was initially a GSE solely repeat gross sales, nevertheless there may be additionally an expanded index.
10:00 AM: the Richmond Fed manufacturing survey for September.
—– Wednesday, September twenty fifth —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy purposes index.
10:00 AM: New House Gross sales for August from the Census Bureau.
This graph exhibits New House Gross sales since 1963. The dashed line is the gross sales charge for final month.
The consensus is for 700 thousand SAAR, down from 739 thousand in July.
—– Thursday, September twenty sixth —–
8:30 AM: The preliminary weekly unemployment claims report will probably be launched. The consensus is for 226 thousand preliminary claims, up from 219 thousand final week.
8:30 AM: Gross Home Product, 2nd Quarter 2024 (Third Estimate), and Company Income (Revised) The consensus is that actual GDP elevated 3.0% annualized in Q2, unchanged from the second estimate of three.0%.
8:30 AM: Sturdy Items Orders for August from the Census Bureau. The consensus is for a 2.8% lower in sturdy items orders.
9:20 AM: Speech, Fed Chair Jerome Powell, Opening Remarks (through pre-recorded video), On the 2024 U.S. Treasury Market Convention, Federal Reserve Financial institution of New York, New York, N.Y.
10:00 AM: Pending House Gross sales Index for August. The consensus is 3.1% enhance within the index.
11:00 AM: the Kansas Metropolis Fed manufacturing survey for September.
—– Friday, September twenty seventh —–
8:30 AM: Private Earnings and Outlays, August 2024. The consensus is for a 0.4% enhance in private revenue, and for a 0.3% enhance in private spending. And for the Core PCE worth index to extend 0.2%.
10:00 AM: College of Michigan’s Client sentiment index (Ultimate for September). The consensus is for a studying of 67.7.
