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The Economic Week Ahead.....

By
Real Estate Agent with G & C Properties 01802303

Monday 19

Housing Market Index-Produced by the National Association of Home Builders. This is a survey which is filled out by the members of this organization and it gives their opinion of the general state of the housing market and the economy.

3 Month & 6 Month Bill Auction

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Tuesday 20

Housing Starts Consensus 1.60M Starts dropped  10.2% in September, lowest since 1993.

State Street Investor Confidence Index Measures actual levels of risk in investor portfolio.

ICSC-USB Store Sales Tracks comparable weekly sales from major retail chains and represents 10% of total retail sales. Is considered to be one of the most timely indicators of consumer spending.

Redbook a timely indicator of consumer spending and also represents about 10% of total retail sales. This measure tracks weekly sales from discounters, chain and department stores.

4 Week bill Auction

FOMC Minutes-release of the notes from the last Federal Open Market Committee meeting.  

Wednesday  21

 

Leading Indicators-Consensus -.3% -Report looks at ten different sources that are supposed to indicate overall economic activity. This figure tends to be revised after the fact and does not do a great job of predicting downturns or upturns.

Consumer Sentiment Consensus 75 The University of Michigan conducts a monthly survey of 500 households about their financial condition and opinions about the economy.  

Jobless Claims Unemployment claims. Consensus 330k

 

Read on at Burbankmarketreport.com! 

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