by Calculated Risk on 1/15/2022 08:11:00 AM
The key reports this week are December housing starts and existing home sales.
For manufacturing, the January NY and Philly Fed manufacturing surveys will be released.
8:30 AM: The New York Fed Empire State manufacturing survey for January. The consensus is for a reading of 26.0, down from 31.9.
10:00 AM: The January NAHB homebuilder survey. The consensus is for a reading of 84, unchanged from 84 in December. Any number above 50 indicates that more builders view sales conditions as good than poor.
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
This graph shows single and multi-family housing starts since 1968.
The consensus is for 1.655 million SAAR, down from 1.679 million SAAR.
During the day: The AIA’s Architecture Billings Index for December (a leading indicator for commercial real estate).
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 230 thousand initial claims.
8:30 AM: the Philly Fed manufacturing survey for January. The consensus is for a reading of 23.0, up from 15.4.
The graph shows existing home sales from 1994 through the report last month.
No major economic releases are scheduled.