The FOMC meets this week and is expected to cut rates 25bp.
The key economic reports that will be released this week include the Case-Shiller house price index for August, and October ISM manufacturing and services indexes.
Items in Red will not be released due to the government shutdown.
—– Monday, October 27th —–
8:30 AM: Durable Goods Orders for September from the Census Bureau.
10:00 AM: New Home Sales for September from the Census Bureau.
This graph shows New Home Sales since 1963. The dashed line is the sales rate for last month.
10:30 AM: Dallas Fed Survey of Manufacturing Activity for October.
—– Tuesday, October 28th —–
9:00 AM ET: S&P/Case-Shiller House Price Index for August. The consensus is for the National index to be up 1.9% year-over-year.
This graph shows the year-over-year change in the nominal seasonally adjusted National Index, Composite 10 and Composite 20 indexes through the most recent report (the Composite 20 was started in January 2000).
9:00 AM: FHFA House Price Index for August. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: The Q3 Housing Vacancies and Homeownership report from the Census Bureau.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for October. This is the last regional Fed survey for October.
—– Wednesday, October 29th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
10:00 AM: Pending Home Sales Index for September.
2:00 PM: FOMC Meeting Announcement. The Fed is expected to cut rates 25bp at this meeting.
2:30 PM: Fed Chair Jerome Powell holds a press briefing following the FOMC announcement.
—– Thursday, October 30th —–
8:30 AM: The initial weekly unemployment claims report will be released.
8:30 AM: Gross Domestic Product, 3rd quarter 2025 (advance estimate).
—– Friday, October 31st —–
8:30 AM ET: Personal Income and Outlays for September.
9:45 AM: Chicago Purchasing Managers Index for October. The consensus is for a reading of 42.0, up from 40.6 in September.