The key reports scheduled for this week are the advance estimate of Q1 GDP and March New Home sales.
Other key reports include February Case-Shiller house prices and Personal Income and Outlays for March.
For manufacturing, the April Dallas, Richmond and Kansas City manufacturing surveys will be released.
—– Monday, April 24th —–
8:30 AM ET: Chicago Fed National Activity Index for March. This is a composite index of other data.
10:30 AM: Dallas Fed Survey of Manufacturing Activity for April.
—– Tuesday, April 25th —–
9:00 AM: S&P/Case-Shiller House Price Index for February.
This graph shows the nominal seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).
The consensus is for a 2.5% year-over-year increase in the Comp 20 index for February.
9:00 AM: FHFA House Price Index for February. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: New Home Sales for March 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 630 thousand SAAR, down from 640 thousand in February.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for April.
—– Wednesday, April 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 March from the Census Bureau. The consensus is for a 0.9% increase in durable goods orders.
—– Thursday, April 27th —–
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 250 thousand initial claims, up from 245 thousand last week.
8:30 AM: Gross Domestic Product, 1st quarter 2023 (Advance estimate). The consensus is that real GDP increased 2.0% annualized in Q1, down from 2.6% in Q4.
10:00 AM: Pending Home Sales Index for March. The consensus is for a 1.0% increase in the index.
11:00 AM: the Kansas City Fed manufacturing survey for April. This is the last of regional manufacturing surveys for April.
—– Friday, April 28th —–
8:30 AM ET: Personal Income and Outlays, March 2023. The consensus is for a 0.2% increase in personal income, and for a 0.1% decrease in personal spending. And for the Core PCE price index to increase 0.3%. PCE prices are expected to be up 4.1% YoY, and core PCE prices up 4.5% YoY.
9:45 AM: Chicago Purchasing Managers Index for April. The consensus is for a reading of 43.5, down from 43.8 in March.
10:00 AM: University of Michigan’s Consumer sentiment index (Final for April). The consensus is for a reading of 63.5.