I’ll be back for the August employment report.
The key indicators this week include the second estimate of Q2 GDP, Personal Income and Outlays for July, and Case-Shiller house prices for June.
—– Monday, August 26th —–
8:30 AM ET: Chicago Fed National Activity Index for July. This is a composite index of other data.
8:30 AM: Durable Goods Orders for July from the Census Bureau.
10:30 AM: Dallas Fed Survey of Manufacturing Activity for August.
—– Tuesday, August 27th —–
9:00 AM: S&P/Case-Shiller House Price Index for June.
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).
The National index was up 5.9% in May, and is expected to slower further in June.
9:00 AM: FHFA House Price Index for June. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for August. This is the last of the regional Fed manufacturing surveys for August.
—– Wednesday, August 28th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
—– Thursday, August 29th —–
8:30 AM: The initial weekly unemployment claims report will be released.
8:30 AM: Gross Domestic Product, 2nd quarter 2024 (second estimate).
10:00 AM: Pending Home Sales Index for July.
—– Friday, August 30th —–
8:30 AM: Personal Income and Outlays, July 2024.
9:45 AM: Chicago Purchasing Managers Index for August.
10:00 AM: University of Michigan’s Consumer sentiment index (Preliminary for August).