It's been a dismal week for economic data in the sense that there hasn't been much of it. There is a bit more to chew on next week, including a PCE report that the Fed will be watching very closely. It's a leap year in 2024 for the first time since Feb 2020, when the pandemic was starting to fill front pages.
Monday, February 26
Time
Event
Consensus
Prior
-
AUCTION: 2-YR TREASURIES $63B
-
AUCTION: 5-YR TREASURIES $64B
10:00 AM
NEW HOME SALES SAAR (Jan)
684K
664K
10:00 AM
NEW HOME SALES M/M (Jan)
3.0%
8.0%
7:40 PM
Speaker: Jeffrey Schmid (Kansas City)
Tuesday, February 27
Time
Event
Consensus
Prior
-
AUCTION: 7-YR TREASURIES $42B
8:30 AM
DURABLE GOODS ORDERS M/M (Jan P)
-4.5%
0.0%
8:30 AM
DURABLE GOODS ORDERS EX-TRANS M/M (Jan P)
0.2%
0.5%
9:00 AM
HOUSE PRICE INDEX M/M (Dec)
0.3%
9:00 AM
S&P CORELOGIC CS Y/Y (Dec)
6.0%
5.4%
10:00 AM
RICHMOND FED MANUF. INDEX (Feb)
-15
10:00 AM
CONF.BOARD CONSUMER CONFIDENCE (Feb)
114.8
114.8
9:05 AM
Speaker: Michael S Barr (Governor)
Wednesday, February 28
Time
Event
Consensus
Prior
7:00 AM
MBA-APPLICATIONS (Feb 23)
-10.6%
8:30 AM
GDP (annualized) (4Q S)
3.3%
3.3%
8:30 AM
GDP DEFLATOR (annualized) (4Q S)
1.5%
1.5%
8:30 AM
ADVANCE GOODS TRADE BALANCE (Jan)
-$88.1B
-$87.9B
8:30 AM
RETAIL INVENTORIES M/M (Jan)
0.8%
8:30 AM
WHOLESALE INVENTORIES M/M (Jan P)
0.4%
12:00 PM
Speaker: Raphael W. Bostic (Atlanta)
12:15 PM
Speaker: Susan M. Collins (Boston)
12:45 PM
Speaker: John C. Williams (Vice Chairman, New York)
Thursday, February 29
Time
Event
Consensus
Prior
8:30 AM
INITIAL CLAIMS (Feb 24)
210K
201K
8:30 AM
CONTINUING CLAIMS (Feb 17)
1862K
8:30 AM
PCE DEFLATOR Y/Y (Jan)
2.4%
2.6%
8:30 AM
PCE DEFLATOR Y/Y (core) (Jan)
2.8%
2.9%
8:30 AM
PERSONAL INCOME M/M (Jan)
0.5%
0.3%
8:30 AM
PERSONAL SPENDING M/M (Jan)
0.2%
0.7%
9:45 AM
CHICAGO PMI (Feb)
47.9
46.0
10:00 AM
PENDING HOME SALES M/M (Jan)
1.0%
8.3%
10:50 AM
Speaker: Raphael W. Bostic (Atlanta) (Voter)
11:00 AM
Speaker: Austan D. Goolsbee, Chicago (Non-Voter)
1:15 PM
Speaker: Loretta Mester (Cleveland) (Voter)
8:10 PM
Speaker: John C. Williams (Vice Chairman, New York) (Voter)