by Calculated risk 5/24/2025 08:11:00 AM
This week’s important reports are first quarter GDP, March’s housing prices, and second estimates of personal income and expenditures for April.
For production, the production survey for Richmond and Dallas FEDs will be released in May.
—– Monday, May 26th—-
all US Market It will be closed Compliance with anniversary.
—– Tuesday, May 27th—-
8:30am: Durable product orders April from the Census Bureau. The consensus is that durable goods orders will be reduced by 7.8%.
9am: S&P/Case Schiller Home Price Index For March. The consensus remains unchanged from the previous year of February, with the Cases Schiller 20-City Composite Index increasing by 4.5% year-on-year.
This graph shows the year-over-year changes for the seasonally adjusted national index, Composite 10 and Composite 20 indexes through the latest report (Composite 20 was launched in January 2000).
9am: FHFA Home Price Index For March. This was originally a repeat sale of GSE only, but there is also an extended index.
10am: Survey on Dallas FED manufacturing activities For May.
—- Wednesday, May 28th—-
7am ET: The Mortgage Bankers Association (MBA) Home Loan Purchase Application Index.
10am: Richmond Fed Survey on Manufacturing Activities For May.
2pm: FOMCmeetings from May 6th to 7th, 2025
—- Thursday, May 29th—-
8:30am: First weekly unemployment claim The report will be released. The consensus is against the first claims of 227,000 to 225,000 last week.
8:30am: Gross domestic product, Q1 2025 (Second estimate). The consensus is that actual GDP declined 0.3% per year in the first quarter, not changing from a prior estimate of -0.3%.
10am: Pending Home Sales Index For April. The consensus is that the index decreases by 0.4%.
—- Friday, May 30th—-
8:30am ET: Personal income and expenditures in April 2025. The consensus is that personal income increases by 0.3% and personal spending increases by 0.2%. Because the Core PCE Price Index increases by 0.1%. PCE prices are expected to rise by 2.2% year-on-year, while core PCE prices are expected to rise by 2.5%.
9:45am: Chicago Purchase Manager Index For May.
10am: University of Michigan Consumer Sentiment Index (Last May). The consensus is a read of 50.8.
