Rates are essentially unchanged this morning and equity futures are just slightly in the red.
This week is a heavy one for data with 4Q GDP out on Wednesday and PCE out on Thursday. The median forecast calls for a 3.3% GDP reading and a 2.7% reading for PCE. There’s also a heavy slate of Fed speakers this week, starting with Atlanta, Boston, and New York Fed presidents on Wednesday.
Hafizan Hamzah
Senior Director, Investment Management Group
| Date | Event | Surv(M) | Actual | Prior | Revised |
| 02/26/24 | New Home Sales | 684k | — | 664k | — |
| 02/26/24 | New Home Sales MoM | 3.00% | — | 8.00% | — |
| 02/26/24 | Dallas Fed Manf. Activity | -15 | — | -27.4 | — |
| 02/27/24 | Durable Goods Orders | -5.00% | — | 0.00% | — |
| 02/27/24 | Durables Ex Transportation | 0.20% | — | 0.50% | — |
| 02/27/24 | Cap Goods Orders Nondef Ex Air | 0.10% | — | 0.20% | — |
| 02/27/24 | Cap Goods Ship Nondef Ex Air | 0.10% | — | 0.00% | — |
| 02/27/24 | House Price Purchase Index QoQ | — | — | 2.10% | — |
| 02/27/24 | FHFA House Price Index MoM | 0.30% | — | 0.30% | — |
| 02/27/24 | S&P CoreLogic CS 20-City MoM SA | 0.20% | — | 0.15% | — |
| 02/27/24 | S&P CoreLogic CS 20-City YoY NSA | 6.00% | — | 5.40% | — |
| 02/27/24 | S&P CoreLogic CS US HPI YoY NSA | — | — | 5.14% | — |
| 02/27/24 | Richmond Fed Manufact. Index | -8 | — | -15 | — |
| 02/27/24 | Conf. Board Consumer Confidence | 115 | — | 114.8 | — |
| 02/27/24 | Conf. Board Present Situation | — | — | 161.3 | — |
| 02/27/24 | Conf. Board Expectations | — | — | 83.8 | — |
| 02/27/24 | Richmond Fed Business Conditions | — | — | -3 | — |
| 02/27/24 | Dallas Fed Services Activity | — | — | -9.3 | — |
| 02/28/24 | MBA Mortgage Applications | — | — | -10.60% | — |
| 02/28/24 | GDP Annualized QoQ | 3.30% | — | 3.30% | — |
| 02/28/24 | Personal Consumption | 2.70% | — | 2.80% | — |
| 02/28/24 | GDP Price Index | 1.50% | — | 1.50% | — |
| 02/28/24 | Core PCE Price Index QoQ | 2.00% | — | 2.00% | — |
| 02/28/24 | Advance Goods Trade Balance | -$88.5b | — | -$88.5b | -$87.9b |
| 02/28/24 | Retail Inventories MoM | 0.40% | — | 0.80% | — |
| 02/28/24 | Wholesale Inventories MoM | 0.10% | — | 0.40% | — |
| 02/29/24 | Personal Income | 0.40% | — | 0.30% | — |
| 02/29/24 | Personal Spending | 0.20% | — | 0.70% | — |
| 02/29/24 | Real Personal Spending | -0.10% | — | 0.50% | — |
| 02/29/24 | PCE Deflator MoM | 0.30% | — | 0.20% | — |
| 02/29/24 | PCE Deflator YoY | 2.40% | — | 2.60% | — |
| 02/29/24 | PCE Core Deflator MoM | 0.40% | — | 0.20% | — |
| 02/29/24 | PCE Core Deflator YoY | 2.80% | — | 2.90% | — |
| 02/29/24 | Initial Jobless Claims | 210k | — | 201k | — |
| 02/29/24 | Continuing Claims | 1874k | — | 1862k | — |
| 02/29/24 | MNI Chicago PMI | 48 | — | 46 | — |
| 02/29/24 | Pending Home Sales MoM | 1.10% | — | 8.30% | — |
| 02/29/24 | Pending Home Sales NSA YoY | — | — | -1.00% | — |
| 02/29/24 | Kansas City Fed Manf. Activity | — | — | -9 | — |
| 03/01/24 | S&P Global US Manufacturing PMI | 51.5 | — | 51.5 | — |
| 03/01/24 | Construction Spending MoM | 0.20% | — | 0.90% | — |
| 03/01/24 | U. of Mich. Sentiment | 79.6 | — | 79.6 | — |
| 03/01/24 | U. of Mich. Current Conditions | — | — | 81.5 | — |
| 03/01/24 | U. of Mich. Expectations | — | — | 78.4 | — |
| 03/01/24 | U. of Mich. 1 Yr Inflation | 3.00% | — | 3.00% | — |
| 03/01/24 | U. of Mich. 5-10 Yr Inflation | — | — | 2.90% | — |
| 03/01/24 | ISM Prices Paid | 54.5 | — | 52.9 | — |
| 03/01/24 | ISM Manufacturing | 49.5 | — | 49.1 | — |
| 03/01/24 | ISM New Orders | — | — | 52.5 | — |
| 03/01/24 | ISM Employment | — | — | 47.1 | — |
| 03/01/24 | Kansas City Fed Services Activity | — | — | -2 | — |
| 03/01/24 | Wards Total Vehicle Sales | 15.40m | — | 15.00m | — |
