NS Calculated risk of September 25, 2021 08:11:00 AM
This week’s main report is the third estimate of GDP in the second quarter, ISM Manufacturing Index in September, car sales in September, personal income and spending in August, and Case-Shiller home prices in July.
For manufacturing, the Richmond and Kansas City Fed’s manufacturing survey will be released this week.
Federal Reserve Board Chair Powell testifies this week about coronavirus and CARES law.
—– Monday, September 27 —–
8:30 am: Orders for durable consumer goods From the Census Bureau in August. The consensus is to increase orders for durable consumer goods by 0.7%.
10:30 am: Survey of manufacturing activities by the Dallas Fed In September.
—– Tuesday, September 28 —–
9:00 am: FHFA Home Price Index In July. This was originally a GSE-only repeat sale, but it also has an expanded index.
This graph shows year-over-year changes in the seasonally adjusted National Index, Composite 10, and Composite 20 indexes through the latest report (Composite 20 launched in January 2000).
The consensus is that the July Comp 20 index will increase by 20.0% year-on-year.
10 am: Richmond Fed Manufacturing Survey In September. This is the end of the September regional survey.
10 am, Testimony, FRB Chair Powell, Coronavirus and CARES method, In front of the US Senate on Banking, Housing, and Urban Issues
—– Wednesday, September 29 —–
7:00 AM ET: Mortgage Banking Association (MBA) Mortgage Purchase Application Index..
10 am: Pending Home Sales Index In August. The consensus is a 1.3% increase in the index.
11:45 AM: Discussion, FRB Chair Powell, Policy panel discussion, At the European Central Bank Forum on Central Bank
—– Thursday, September 30 —–
8:30 am: First weekly unemployment insurance claim The report will be published. The consensus is on the first claims from 351,000 to 335,000 last week.
8:30 am: Gross Domestic Product, Q2 2021 (Third estimate). The consensus is that real GDP increased 6.7% annually in the second quarter, up from the second estimate of 6.6%.
9:45 am: Chicago Purchasing Manager Index In September. The consensus will be a read of 66.8 to 65.0 in August.
—– Friday, October 1 —–
8:30 am: Personal income and expenses In August. The consensus is that personal income will increase by 0.3% and personal spending will increase by 0.6%. And for the core PCE price index to rise 0.2%.
10 am: ISM Manufacturing Index In September. The consensus will be a reading of 59.9 to 59.5 in August.
10 am: Construction cost In August. The consensus is up 0.3%.
The consensus is sales of 13.4 million SAAR from 13.1 million SAAR (seasonally adjusted annual rate) in August.
This graph shows the sale of small cars since BEA began retaining data in 1967. The dashed line is the current sales rate.
Schedule for the week of September 26, 2021
http://feedproxy.google.com/~r/CalculatedRisk/~3/pRb6aJs7P78/schedule-for-week-of-september-26-2021.html Schedule for the week of September 26, 2021