Schedule for Week of October 20, 2019

The key reports this week are September New and Existing Home sales.

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

----- Monday, Oct 21st -----
No major economic releases scheduled.

----- Tuesday, Oct 22nd -----
10:00 AM: Existing Home Sales for September from the National Association of Realtors (NAR). The consensus is for 5.45 million SAAR, down from 5.49 million in August.

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

Housing economist Tom Lawler expects the NAR to report 5.36 million SAAR.

10:00 AM ET: Richmond Fed Survey of Manufacturing Activity for October.

----- Wednesday, Oct 23rd -----
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.

9:00 AM: FHFA House Price Index for August 2018. This was originally a GSE only repeat sales, however there is also an expanded index.

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

11:15 AM: 2020 Economic Forecast featuring the UCI Paul Merage School of Business, Balboa Bay Resort, Newport Beach, CA 92660

----- Thursday, Oct 24th -----
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 214,000 initial claims, unchanged from 214,000 last week.

8:30 AM: Durable Goods Orders for September from the Census Bureau. The consensus is for a 0.7% decrease in durable goods orders.

10:00 AM: New Home Sales for September from the Census Bureau.

This graph shows New Home Sales since 1963. The dashed line is the sales rate for last month.

The consensus is for 699 thousand SAAR, down from 713 thousand in August.

11:00 AM: the Kansas City Fed manufacturing survey for October.

----- Friday, Oct 25th -----
10:00 AM: University of Michigan's Consumer sentiment index (Final for October). The consensus is for a reading of 96.0.