Schedule for Week of November 24, 2024 - InvestingChannel

Schedule for Week of November 24, 2024

The key reports this week include the 2nd estimate of Q3 GDP and October New Home Sales.

Other key indicators include the September Case-Shiller and FHFA house price indexes, and October Personal Income & Outlays (and PCE).


—– Monday, November 25th —–


8:30 AM ET: Chicago Fed National Activity Index for October. This is a composite index of other data.

10:30 AM: Dallas Fed Survey of Manufacturing Activity for November.


—– Tuesday, November 26th —–


Case-Shiller House Prices Indices9:00 AM ET: S&P/Case-Shiller House Price Index for September.

This graph shows 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 4.2% YoY in August and is expected to increase about the same in September.

9:00 AM: FHFA House Price Index for September. This was originally a GSE only repeat sales, however there is also an expanded index. The Conforming loan limits for next year will also be announced.

New Home Sales10:00 AM: New Home Sales for October from the Census Bureau.

This graph shows New Home Sales since 1963. The dashed line is the sales rate for last month.

The consensus is for 730 thousand SAAR, down from 738 thousand in September.

10:00 AM: Richmond Fed Survey of Manufacturing Activity for November. This is the last of the regional Fed manufacturing surveys for November.

2:00 PM: FOMC Minutes, Minutes Meeting of November 6-7, 2024


—– Wednesday, November 27th —–


7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 220 thousand initial claims, up from 213 thousand last week.

8:30 AM: Gross Domestic Product (Second Estimate) and Corporate Profits (Preliminary), 3rd Quarter 2024. The consensus is that real GDP increased 2.8% annualized in Q3, unchanged from the advance estimate of 2.8% in Q3.

8:30 AM: Personal Income and Outlays, October 2024. The consensus is for a 0.3% increase in personal income, and for a 0.4% increase in personal spending. And for the Core PCE price index to increase 0.3%.  PCE prices are expected to be up 2.1% YoY, and core PCE prices up 2.7% YoY.

8:30 AM: Durable Goods Orders for October from the Census Bureau. The consensus is for a 0.1% increase in durable goods orders.

9:45 AM: Chicago Purchasing Managers Index for November.

10:00 AM: Pending Home Sales Index for October.


—– Thursday, November 28th —–


All US markets will be closed in observance of the Thanksgiving Day Holiday.


—– Friday, November 29th —–


The NYSE and the NASDAQ will close early at 1:00 PM ET.

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