by Calculated Danger on 6/22/2024 08:11:00 AM
The important thing reviews this week are Could New Dwelling gross sales, the third estimate of Q1 GDP, Private Earnings and Outlays for Could and the April Case-Shiller home value index.
For manufacturing, the June Dallas, Kansas Metropolis and Richmond Fed manufacturing surveys can be launched.
—– Monday, June twenty fourth —–
10:30 AM: Dallas Fed Survey of Manufacturing Exercise for June.
—– Tuesday, June twenty fifth —–
8:30 AM ET: Chicago Fed Nationwide Exercise Index for Could. It is a composite index of different information.
9:00 AM: S&P/Case-Shiller Home Worth Index for April.
This graph reveals the year-over-year change within the seasonally adjusted Nationwide Index, Composite 10 and Composite 20 indexes via the newest report (the Composite 20 was began in January 2000).
The Nationwide index was up 6.5% year-over-year in March.
9:00 AM: FHFA Home Worth Index for April. This was initially a GSE solely repeat gross sales, nonetheless there’s additionally an expanded index.
10:00 AM: Richmond Fed Survey of Manufacturing Exercise for June.
10:00 AM: State Employment and Unemployment (Month-to-month) for Could 2024.
—– Wednesday, June twenty sixth —–
7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy functions index.
10:00 AM: New Dwelling Gross sales for Could from the Census Bureau.
This graph reveals New Dwelling Gross sales since 1963. The dashed line is the gross sales fee for final month.
The consensus is for 650 thousand SAAR, up from 634 thousand in April.
Through the day: The AIA’s Structure Billings Index for Could (a number one indicator for business actual property).
—– Thursday, June twenty seventh —–
8:30 AM: The preliminary weekly unemployment claims report can be launched. The consensus is for 240 thousand preliminary claims, up from 238 thousand final week.
8:30 AM: Gross Home Product, 1st quarter 2024 (Third estimate). The consensus is that actual GDP elevated 1.3% annualized in Q1, unchanged from the second estimate of a 1.3% enhance.
8:30 AM: Sturdy Items Orders for Could from the Census Bureau. The consensus is for a 0.3% enhance in sturdy items orders.
10:00 AM: Pending Dwelling Gross sales Index for Could. The consensus is for a 0.3% lower within the index.
11:00 AM: the Kansas Metropolis Fed manufacturing survey for June.Â
—– Friday, June twenty eighth —–
8:30 AM ET: Private Earnings and Outlays, Could 2024. The consensus is for a 0.4% enhance in private earnings, and for a 0.3% enhance in private spending.Â
9:45 AM: Chicago Buying Managers Index for June.
10:00 AM: College of Michigan’s Client sentiment index (Ultimate for June).Â