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Friday: Durable Goods, Personal Income & Outlays, New Home Sales

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Note: Mortgage rates are from MortgageNewsDaily.com and are for top tier scenarios.

Friday:
• At 8:30 AM ET, Durable Goods Orders for November.  The consensus is for a 0.1% increase..

• Also, at 8:30 AM: Personal Income and Outlays for November. The consensus is for a 0.2% increase in personal income, and for a 0.2% increase in personal spending. And for a 0.3% increase in the PCE prices index, and the Core PCE price index to increase 0.2%.  PCE prices are expected to be up 5.7% YoY, and core PCE prices up 4.7% YoY.

• At 10:00 AM: New Home Sales for November from the Census Bureau. The consensus is for 595 thousand SAAR, down from 632 thousand in October.

• Also, at 10:00 AM: University of Michigan’s Consumer sentiment index (Final for December).

• Also, at 10:00 AM: State Employment and Unemployment (Monthly) for November 2022

Realtor.com Reports Weekly Active Inventory Up 58% YoY; New Listings Down 17% YoY

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