The key financial reviews this week are March Housing Starts and Existing Home Sales.
For manufacturing, March industrial manufacturing, and the April New York, and Philly Fed manufacturing surveys, might be launched this week.
eight:30 AM ET: The New York Fed Empire State manufacturing survey for April. The consensus is for a studying of 15.zero, down from 16.four.
10:00 AM: The April NAHB homebuilder survey. The consensus is for a studying of 70, down from 71 in March. Any quantity above 50 signifies that extra builders view gross sales circumstances nearly as good than poor.
eight:30 AM: Housing Starts for March.
This graph exhibits complete and single unit begins since 1968.
The graph exhibits the large collapse following the housing bubble, after which – after shifting sideways for a pair of years – housing is now recovering (however nonetheless traditionally low).
The consensus is for 1.262 million, down from the February fee of 1.288 million.
This graph exhibits industrial manufacturing since 1967.
The consensus is for a zero.four% improve in Industrial Production, and for Capacity Utilization to extend to 76.zero%.
7:00 AM ET: The Mortgage Bankers Association (MBA) will launch the outcomes for the mortgage buy purposes index.
During the day: The AIA’s Architecture Billings Index for March (a number one indicator for business actual property).
2:00 PM: the Federal Reserve Beige Book, an off-the-cuff evaluation by the Federal Reserve Banks of present financial circumstances of their Districts.
eight:30 AM ET: The preliminary weekly unemployment claims report will probably be launched. The consensus is for 244 thousand preliminary claims, up from 234 thousand the earlier week.
eight:30 AM: the Philly Fed manufacturing survey for April. The consensus is for a studying of 26.zero, down from 32.eight.
10:00 AM: Existing Home Sales for March from the National Association of Realtors (NAR). The consensus is for 5.61 million SAAR, up from 5.48 million in February.
10:00 AM: Regional and State Employment and Unemployment (Monthly) for March 2017
SOURCE: Calculated Risk – Read whole story here.