Monday 24
3 & 6 Month Bill Auction
Tuesday 25
Existing Home Sales-consensus 5.50M..... Year to year this number has dropped 9% and housing supply for July was at 9.6 months.
Case-Shiller Home Price Index
ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.
Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.
Consumer Confidence -Consensus 104
4 Week Bill Auction
Wednesday 26
MBA Purchase Applications measures applications at mortgage lenders. This is considered a leading indicator for single family home sales and housing construction.
EIA Petroleum Status Report reports on crude oil inventories in the U.S.
Durable Goods Orders Consensus -3.1%-This report takes into account the current and future number of orders placed with factories. By showing how busy factories will be in the coming months you can get an indication of economic activity and health of the overall economy.
2 Year Note Auction
Thursday 27
New Home Sales Consensus 835,000 New Home sales were slightly higher in July at 870,000.
GDP Consensus 4.0%
Jobless Claims Unemployment claims. Consensus 320K
EIA Natural Gas Report-Tracks natural gas inventories.
3 and 6 month Treasury Bill Announcement Investors use this data to attempt to predict future Federal Reserve policy.
Friday 28
Personal Income Outlays-Consensus .3% Consumer spending Consensus is .4% Another measure to gauge consumer spending power.
NAPM-Chicago-Consensus 52.9-Business conditions in the Chicago area, another measure of economic growth.
Consumer Sentiment Consensus 84.3
Construction Spending-Consensus -.5% Good indicator of the economy's momentum.
As you can see, lots of information coming out this week!
My website is under development, but come visit me at anaconnell.com!
hOUSING SUPPLY 9.6 MONTHS? mAYBE WE SHOULD TAKE ONE YEAR LISTINGS
Thank you for stopping by!
Brett-Not a bad idea!
Ricardo-Thank you!
Irina-Thank you, my pleasure! It helps me as well!