by calculated risk December 28, 2024 08:11:00 AM
happy new year! I hope 2025 will be filled with only good things for you.
Key reports this week are the Case-Shiller Home Price Index for October, the ISM Manufacturing Survey for December, and Vehicle Sales for December.
—– Monday, December 30 —–
9:45 AM: Chicago Purchasing Managers Index For December.
10 AM: Pending Home Sales Index For November. The consensus is that the index is expected to increase by 0.7%.
10:30 AM: Dallas Fed Survey of Manufacturing Activity For December. This is the last of the December regional manufacturing survey.
—– Tuesday, December 31st —–
9 AM: FHFA Home Price Index For October. This was originally a GSE-only recurring sale, but there are also expanded indices.
9 AM ET: S&P/Case-Shiller Home Price Index For October.
This graph shows the annual change in the seasonally adjusted National Index, Composite 10, and Composite 20 Index through the most recent report (the Composite 20 was launched in January 2000).
The consensus for the Composite 20 Index in October was to increase 4.1% year-on-year.
—– Wednesday, January 1 —–
that New York Stock Exchange and Nasdaq Closed due to regulations. Lunar New Year holiday
—– Thursday, January 2nd —–
7 a.m. ET: The Mortgage Bankers Association (MBA) releases its two-week results. Mortgage Purchase Application Index.
8:30 AM: First Weekly Unemployment Claim The report is made public. The consensus was 223,000, up from 219,000 last week.
10 AM: construction cost For November. Construction spending was agreed to increase by 0.3%.
—– Friday, January 3 —–
10 AM: ISM Manufacturing Index For December. The ISM was agreed at 48.3, down from 48.4 in November.
All day: light car sales For December.
Wards forecast is 16.7 million SAAR for December, which is higher than BEA’s November estimate of 16.5 million SAAR (seasonally adjusted annual rate).
This graph shows light vehicle sales since BEA began keeping data in 1967. The dotted line is the current sales rate.
