by Risk calculated on 03/25/2023 08:11:00
Key reports scheduled for this week include the 3rd estimate of fourth quarter GDP, February personal income and spending, and January Case-Shiller house prices.
For the manufacturing sector, the March surveys from the Dallas and Richmond Fed will be published.
—– Monday, March 27 —–
10:30 a.m.: Dallas Fed survey of manufacturing activity for March.
—– Tuesday, March 28 —–
09:00: S&P/Case-Shiller House Price Index for January.
This chart shows the year-over-year change in the Case-Shiller National, Composite 10, and Composite 20 indices, up to the most recent report (the Composite 20 was launched in January 2000).
Consensus calls for a 2.5% YoY increase in the Comp 20 index for January, up from 4.6% YoY in December.
09:00: FHFA House Price Index for January 2021. This was originally GSE repeat sales only, but there is also an expanded index.
10:00 AM: Richmond Fed survey of manufacturing activity for March. This is the last of the March regional surveys.
—– Wednesday, March 29 —–
7:00 a.m. ET: The Mortgage Bankers Association (MBA) will release the results of the index of requests for the purchase of real estate loans.
10:00 AM: Pending Home Sales Index for February. The consensus is for a 3.0% drop in the index.
—– Thursday, March 30 —–
8:30 a.m., Gross domestic product, 4th quarter and year 2022 (third estimate), GDP by industry and corporate profits. The consensus is that real GDP grew 2.7% annualized in Q4, unchanged from the second estimate.
8:30 a.m.: The initial weekly unemployment claims report will be published. The consensus is 196,000 initial complaints, down from 191,000 last week.
—– Friday, March 31 —–
8:30 a.m. ET: Personal income and expenses for February. The consensus is for a 0.3% increase in personal income and a 0.3% increase in personal expenditure. And for the Core PCE price index to rise 0.4%. PCE prices are expected to increase 5.1% year-on-year and core PCE prices up 4.7% year-on-year.
9:45 a.m.: Chicago Purchasing Managers Index for March. The consensus is for a reading of 43.6, unchanged from 43.6 in February.
10:00 AM: University of Michigan Consumer Confidence Index (Final for March). The consensus is for a reading of 63.4.