Report
FMI Weekly Data Preview of Data Releases: August 21-25
posted by Michael Lewis on August 21, 2017
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.