For manufacturing, the May Richmond and Dallas Fed manufacturing surveys will be released.
—– Monday, May 26th —–
All US markets will be closed in observance of Memorial Day.
—– Tuesday, May 27th —–
8:30 AM: Durable Goods Orders for April from the Census Bureau. The consensus is for a 7.8% decrease in durable goods orders.
9:00 AM: S&P/Case-Shiller House Price Index for March. The consensus is for the Case-Shiller 20-City Composite Index to increase 4.5% YoY, unchanged from 4.5% YoY in February.
This graph shows the year-over-year change in the 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 March. This was originally a GSE only repeat sales, however there is also an expanded index.
10:00 AM: Dallas Fed Survey of Manufacturing Activity for May.
—– Wednesday, May 28th —–
7:00 AM ET: The Mortgage Bankers Association (MBA) will release the results for the mortgage purchase applications index.
10:00 AM: Richmond Fed Survey of Manufacturing Activity for May.
2:00 PM: FOMC Minutes, Minutes Meeting of May 6-7, 2025
—– Thursday, May 29th —–
8:30 AM: The initial weekly unemployment claims report will be released. The consensus is for initial claims of 225 thousand, down from 227 thousand last week.
8:30 AM: Gross Domestic Product, 1st quarter 2025 (Second estimate). The consensus is that real GDP decreased 0.3% annualized in Q1, unchanged from the advance estimate of -0.3%.
10:00 AM: Pending Home Sales Index for April. The consensus is for a 0.4% decrease in the index.
—– Friday, May 30th —–
8:30 AM ET: Personal Income and Outlays, April 2025. The consensus is for a 0.3% increase in personal income, and for a 0.2% increase in personal spending. And for the Core PCE price index to increase 0.1%. PCE prices are expected to be up 2.2% YoY, and core PCE prices up 2.5% YoY.
9:45 AM: Chicago Purchasing Managers Index for May.
10:00 AM: University of Michigan’s Consumer sentiment index (Final for May). The consensus is for a reading of 50.8.