by Calculated Danger on 5/25/2024 08:11:00 AM
The important thing experiences this week are the second estimate of Q1 GDP, March Case-Shiller home costs, and Private Earnings and Outlays for April.
For manufacturing, the Could Richmond and Dallas Fed manufacturing surveys will likely be launched.
—– Monday, Could twenty seventh —–
All US markets will likely be closed in observance of Memorial Day.
—– Tuesday, Could twenty eighth —–
9:00 AM: S&P/Case-Shiller Home Value Index for March. The consensus is for the Case-Shiller Nationwide Index to extend 6.8% YoY, up from 6.4% YoY in February.
This graph reveals the year-over-year change within the seasonally adjusted Nationwide Index, Composite 10 and Composite 20 indexes via the latest report (the Composite 20 was began in January 2000).
9:00 AM: FHFA Home Value Index for March. This was initially a GSE solely repeat gross sales, nonetheless there’s additionally an expanded index.
10:00 AM: Dallas Fed Survey of Manufacturing Exercise for Could.
—– Wednesday, Could twenty ninth —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy functions index.
10:00 AM: Richmond Fed Survey of Manufacturing Exercise for Could.
2:00 PM: the Federal Reserve Beige Ebook, a casual overview by the Federal Reserve Banks of present financial circumstances of their Districts.
—– Thursday, Could thirtieth —–
8:30 AM: The preliminary weekly unemployment claims report will likely be launched. The consensus is for 218 thousand preliminary claims, up from 215 thousand final week.
8:30 AM: Gross Home Product, 1st quarter 2023 (Second estimate). The consensus is that actual GDP elevated 1.2% annualized in Q1, down from the advance estimate of 1.6%.
10:00 AM: Pending House Gross sales Index for April. The consensus is for a 0.6% lower within the index.
—– Friday, Could thirty first —–
8:30 AM ET: Private Earnings and Outlays, April 2024. The consensus is for a 0.3% improve in private revenue, and for a 0.3% improve in private spending. And for the Core PCE value index to extend 0.3%. PCE costs are anticipated to be up 2.7% YoY, and core PCE costs up 2.8% YoY.
9:45 AM: Chicago Buying Managers Index for Could.
