Report

FMI Weekly Data Preview of Data Releases: August 21-25

posted by Michael Lewis on August 21, 2017

Found in US, categorized in Macro

Tags: FMI michael lewis July Durable Goods Orders July New and Existing Home Sales

Report Cover

Headline

July new home sales should remain at or slightly above 600K. Existing home sales should be little changed in July.

Abstract

The key release in this light week will be Friday’s July Durable Goods Orders report. After soaring aircraft and vehicle orders boosted the June total, inevitable payback will hold down the July headline. Nonetheless, “core” non-defense capital good ex-aircraft orders should register an increase. Also this week, July New and Existing Home Sales on Wednesday and Thursday, respectively, should show the sector holding steady.

About Michael Lewis

Michael Lewis

Mike Lewis founded Free Market Inc. (FMI) in 1982 as a full-service economic consulting firm, providing insights and in-depth data analysis primarily for institutional money managers and corporate planning directors.

FMI has compiled a solid record of timely, independent and accurate economic forecasts.  FMI blends its unique analysis of indicators and experience with economic cycles into a consistent overall outlook. They offer both a comprehensive overview and in-depth detail that enable clients to integrate FMI’s insights into their decision-making process.

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