Thursday , April 2 2020
Home / Calculated Risk / Schedule for Week of July 17, 2016

Schedule for Week of July 17, 2016

Summary:
The key economic reports this week are June housing starts, and June Existing Home Sales.For manufacturing, the July Philly Fed manufacturing survey will be released this week.----- Monday, July 18th -----10:00 AM: The July NAHB homebuilder survey. The consensus is for a reading of  61, up from 60 in June.  Any number above 50 indicates that more builders view sales conditions as good than poor.----- Tuesday, July 19th -----8:30 AM: Housing Starts for June. Total housing starts decreased to 1.164 million (SAAR) in May. Single family starts increased to 764 thousand SAAR in May.The consensus for 1.170 million, up from the May rate.----- Wednesday, July 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 June (a leading indicator for commercial real estate).----- Thursday, July 21st -----8:30 AM ET: The initial weekly unemployment claims report will be released.  The consensus is for 265 thousand initial claims, up from 254 thousand the previous week.8:30 AM: the Philly Fed manufacturing survey for July. The consensus is for a reading of 5.0, up from 4.7.8:30 AM ET: Chicago Fed National Activity Index for June. This is a composite index of other data.9:00 AM: FHFA House Price Index for May 2016.

Topics:
Bill McBride considers the following as important:

This could be interesting, too:

Mike Shedlock writes Fed “Temporarily” Blesses More Leverage: What’s Really Going On?

Charles Hugh Smith writes The Wonderful Insanity of Globalization

Mike Shedlock writes Covid-19 Recession Will Be Deeper Than the Great Financial Crisis

Mike Shedlock writes Florida Governor Finally Restricts Movement To Essential Services

The key economic reports this week are June housing starts, and June Existing Home Sales.

For manufacturing, the July Philly Fed manufacturing survey will be released this week.

----- Monday, July 18th -----

10:00 AM: The July NAHB homebuilder survey. The consensus is for a reading of  61, up from 60 in June.  Any number above 50 indicates that more builders view sales conditions as good than poor.

----- Tuesday, July 19th -----

Schedule for Week of July 17, 20168:30 AM: Housing Starts for June.

Total housing starts decreased to 1.164 million (SAAR) in May. Single family starts increased to 764 thousand SAAR in May.

The consensus for 1.170 million, up from the May rate.

----- Wednesday, July 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 June (a leading indicator for commercial real estate).

----- Thursday, July 21st -----

8:30 AM ET: The initial weekly unemployment claims report will be released.  The consensus is for 265 thousand initial claims, up from 254 thousand the previous week.

8:30 AM: the Philly Fed manufacturing survey for July. The consensus is for a reading of 5.0, up from 4.7.

8:30 AM ET: Chicago Fed National Activity Index for June. This is a composite index of other data.

9:00 AM: FHFA House Price Index for May 2016. This was originally a GSE only repeat sales, however there is also an expanded index.  The consensus is for a 0.4% month-to-month increase for this index.

Schedule for Week of July 17, 201610:00 AM: Existing Home Sales for June from the National Association of Realtors (NAR). The consensus is for 5.48 million SAAR, down from 5.53 million in May.

----- Friday, July 22nd -----

10:00 AM: Regional and State Employment and Unemployment for June 2016
Bill McBride
A full time blogger, Mr. McBride retired as a senior executive from a small public company in the '90s. Mr. McBride holds an MBA from the University of California, Irvine, and has a background in management, finance and economics.

Leave a Reply

Your email address will not be published. Required fields are marked *