GET READY: Here Comes Another Big Week For Economic Data

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Photo: Steve Hodgson on Flickr

Last week was kind of light in terms of data, but this week the pendulum swings back.By the end of the week, we should know a lot more about the direction of the economy.

Here are some highlights:


  • Pending home sales: Analysts expect a 1.0% increase.
  • The Dallas Fed Manufacturing Survey


  • Case-Shiller Home Price Index: Analysts expect a 3.6% sequential drop vs. 3.7% the month before.


  • Second estimate of GDP: Analysts expect it to stay flat from the initial read at 2.8%.
  • Chicago PMI: Consensus is for 60, down a touch from 60.2.
  • Fed Beige Book


  • Initial jobless claims: Estimate is for 355K.
  • Personal Income: Expected to rise 0.4%.
  • Personal spending: Expected to rise 0.3%.
  • Construction spending: Analysts expect a 1% gain.
  • ISM: Forecast is 54.5
  • Auto sales

Should be a fun one!

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