Schedule for Week of June 23, 2024

by Calculated Danger on 6/22/2024 08:11:00 AM

The important thing studies this week are Might New House gross sales, the third estimate of Q1 GDP, Private Earnings and Outlays for Might and the April Case-Shiller home worth index.

For manufacturing, the June Dallas, Kansas Metropolis and Richmond Fed manufacturing surveys might 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 Might. It is a composite index of different information.

9:00 AM: S&P/Case-Shiller Home Value Index for April.

This graph reveals the year-over-year change within the seasonally adjusted Nationwide Index, Composite 10 and Composite 20 indexes by the latest 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 Value 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 Might 2024.

—– Wednesday, June twenty sixth —–

7:00 AM ET: The Mortgage Bankers Affiliation (MBA) will launch the outcomes for the mortgage buy purposes index.

10:00 AM: New House Gross sales for Might from the Census Bureau.

This graph reveals New House 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.

Throughout the day: The AIA’s Structure Billings Index for Might (a number one indicator for business actual property).

—– Thursday, June twenty seventh —–

8:30 AM: The preliminary weekly unemployment claims report might 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 Might from the Census Bureau. The consensus is for a 0.3% enhance in sturdy items orders.

10:00 AM: Pending House Gross sales Index for Might. The consensus is for a 0.3% lower within the index.

11:00 AM: the Kansas Metropolis Fed manufacturing survey for June. 

—– Friday, June twenty eighth —–

8:30 AM ET: Private Earnings and Outlays, Might 2024. The consensus is for a 0.4% enhance in private revenue, and for a 0.3% enhance in private spending. 

9:45 AM: Chicago Buying Managers Index for June.

10:00 AM: College of Michigan’s Client sentiment index (Closing for June).