Week 5 of the 2020 U.S. Economic Calendar continues earnings reports from major U.S. companies, FOMC meeting and other data.
Meanwhile, the economic impact of China’s coronavirus outbreak is still being measured. With 5 cases confirmed in the United States, and thousands more globally, the market will continue to closely monitor production and sales in the weeks to come.
Here are your key updates for the week ahead – January 27-31:
Monday, January 27
- Census Bureau to report new home sales. Estimates expect 730,000 in December, up from 719,000 in November
- Dallas Federal Reserve will report on regional manufacturing data for the month of January
Tuesday, January 28
- Durable goods orders will be reported. Consensus is a 0.5% increase
- The S&P/Case-Shiller House Price Index report. Consensus is a 2.4% year-over-year increase
Wednesday, January 29
- MBA will release mortgage purchase applications index
- Pending home sales index will be reported. Consensus 0.5% increase
- FOMC meeting and press conference with Fed Reserve Chair Jerome Powell. No rate increase is expected
Thursday, January 30
- Weekly unemployment claims
- GDP survey. Consensus is a 2.1% increase in Q4 2019 which would be unchanged from Q3
- Q4 2019 housing vacancies and homeownership report from the Census Bureau
Friday, January 31
- Personal income and overlays. Expected 0.3% increase in personal income and personal spending
- Chicago Purchasing Managers index
- University of Michigan’s consumer sentiment index
