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Schedule for Week of November 17, 2019

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The key economic reports this week are October Housing Starts and Existing Home Sales.

For manufacturing, the November Philly and Kansas City Fed surveys, will be released this week.

—– Monday, Nov 18th —–

10:00 AM: The November NAHB homebuilder survey. The consensus is for a reading of  71, unchanged from 71. Any number above 50 indicates that more builders view sales conditions as good than poor.

—– Tuesday, Nov 19th —–

Total Housing Starts and Single Family Housing Starts8:30 AM: Housing Starts for October.

This graph shows single and total housing starts since 1968.

The consensus is for 1.320 million SAAR, up from 1.256 million SAAR.

10:00 AM: State Employment and Unemployment (Monthly) for October 2019

—– Wednesday, Nov 20th —–

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

During the day: The AIA’s Architecture Billings Index for October (a leading indicator for commercial real estate).

2:00 PM: FOMC Minutes, Meeting of October 29-30, 2019

—– Thursday, Nov 21st —–

8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 219,000 initial claims, down from 225,000 last week.

8:30 AM: the Philly Fed manufacturing survey for November. The consensus is for a reading of 7.5, up from 5.6.

Existing Home Sales10:00 AM: Existing Home Sales for October from the National Association of Realtors (NAR). The consensus is for 5.49 million SAAR, up from 5.38 million in September.

The graph shows existing home sales from 1994 through the report last month.

—– Friday, Nov 22nd —–

10:00 AM: University of Michigan’s Consumer sentiment index (Final for November). The consensus is for a reading of 95.7.

11:00 AM: the Kansas City Fed manufacturing survey for November.
Calculated Risk

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