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2020 Week 35 U.S. Economic Calendar

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Week 35 of the 2020 U.S. Economic Calendar highlights second estimates of Q2 GDP, Personal Income and Overlays, Case-Shiller’s June home price update, and New Home sales for July.

Here are your key economic updates for the week ahead, August 24 – August 28:

Monday, August 24

  • Chicago Fed National Activity Index

Tuesday, August 25

  • S&P/Case-Shiller House Price Index for June – consensus is a 3.6% year-over-year increase in the study’s Comp 20 index
  • FHFA House Price Index
  • New Home Sales for July from the Census Bureau – consensus is for 786 thousand units
  • Richmond Fed Survey of Manufacturing Activity for August

Wednesday, August 26

  • MBA will release mortgage purchase applications index
  • Durable Goods Orders for July – consensus is a 4.3% increase

Thursday, August 27

  • Weekly unemployment claims – consensus is 1.100 million, down from last week’s spike back up to 1.106 million.
  • 2nd Estimate of Q2 Gross Domestic Product (GDP) – consensus is -32.6%, up from earlier estimates of -32.9% real GDP annualized
  • Fed Speech at Jackson Hole by Chair Jerome Powell
  • Pending Home Sales for July – consensus is a 4.5% increase
  • Kansas City Fed Manufacturing Survey for August

Friday, August 28

  • Personal Income and Overlays, July 2020 – consensus is a 0.2% decrease in personal income, and a 1.5% increase in personal spending.
  • Chicago Purchasing Managers Index for August
  • University of Michigan’s Consumer Sentiment Index – final August consensus is a 72.8 reading
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