by Calculated Risk on 3/22/2025 08:11:00 AM
The key reports scheduled for this week include February New Home sales, the 3rd estimate of Q4 GDP, February Personal Income & Outlays, and January Case-Shiller house prices.
For manufacturing, the March Richmond and Kansas City Fed surveys will be released.
—– Monday, March 24th —–
8:30 AM ET: Chicago Fed National Activity Index for February. This is a composite index of other data.
—– Tuesday, March 25th —–
9:00 AM: S&P/Case-Shiller House Price Index for January.
This graph shows the year-over-year change for the Case-Shiller National, Composite 10 and Composite 20 indexes, through the most recent report (the Composite 20 was started in January 2000).
The consensus is for a 4.6% year-over-year increase in the 20-city index for January, up from 4.5% YoY in December.
9:00 AM: FHFA House Price Index for January. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: New Home Sales for February 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 680 thousand SAAR, up from 657 thousand in January.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for March.
—– Wednesday, March 26th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: Durable Goods Orders for February from the Census Bureau. The consensus is for a 0.7% decrease in durable goods orders.
—– Thursday, March 27th —–
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 225 initial claims up from 223 thousand last week.
8:30 AM, Gross Domestic Product, 4th Quarter and Year 2024 (Third Estimate), GDP by Industry, and Corporate Profits. The consensus is that real GDP increased 2.3% annualized in Q4, unchanged from 2.3% in the second estimate.
10:00 AM: Pending Home Sales Index for February.
11:00 AM: the Kansas City Fed manufacturing survey for March.
—– Friday, March 28th —–
8:30 AM: Personal Income and Outlays for February. The consensus is for a 0.4% increase in personal income, and for a 0.6% increase in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 2.5% YoY, and core PCE prices up 2.7% YoY.
10:00 AM: University of Michigan’s Consumer sentiment index (Final for March). The consensus is for a reading of 57.9.
10:00 AM: State Employment and Unemployment (Monthly) for February 2025
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