For manufacturing, the February ISM Index, and the February Dallas, Kansas City, and Richmond Fed manufacturing surveys will be released.
—– Monday, February 26th —–
10:00 AM: New Home Sales for January 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 February.
—– Tuesday, February 27th —–
8:30 AM: Durable Goods Orders for January from the Census Bureau. The consensus is for a 4.5% decrease in durable goods orders.
9:00 AM: FHFA House Price Index for December 2023. This was originally a GSE only repeat sales, however there is also an expanded index.
9:00 AM: S&P/Case-Shiller House Price Index for December.
This graph shows the year-over-year change for the Case-Shiller National, Composite 10 and Composite 20 indexes, through the most recent report (the Composite 20 was started in January 2000).
The consensus is for a 5.5% year-over-year increase in the National index for December, up from 5.1% in November.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for February.
—– Wednesday, February 28th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
8:30 AM: Gross Domestic Product, 4th Quarter and Year 2023 (Second Estimate) The consensus is that real GDP increased 3.3% annualized in Q4, unchanged from the advance estimate of 3.3%.
—– Thursday, February 29th —–
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for 195 thousand initial claims, down from 201 thousand last week.
8:30 AM ET: Personal Income and Outlays for January. The consensus is for a 0.5% increase in personal income, and for a 0.2% increase in personal spending. And for the Core PCE price index to increase 0.4%. PCE prices are expected to be up 2.4% YoY, and core PCE prices up 2.8% YoY.
9:45 AM: Chicago Purchasing Managers Index for February.
11:00 AM: the Kansas City Fed manufacturing survey for February.
—– Friday, March 1st —–
10:00 AM: ISM Manufacturing Index for February. The consensus is for the ISM to be at 49.2, up from 49.1 in January.
10:00 AM: Construction Spending for January. The consensus is for a 0.2% increase in construction spending.
10:00 AM: University of Michigan’s Consumer sentiment index (Final for February).
All day: Light vehicle sales for February. Sales were at 15.0 million in January (Seasonally Adjusted Annual Rate). The consensus is for sales of 15.5 million SAAR.
This graph shows light vehicle sales since the BEA started keeping data in 1967. The dashed line is the January sales rate.