Friday, August 17, 2007

Economic Calendar - August 20 – 24, 2007

Consensus Prior
Monday, 8/20
July Leading Indicators +.4% -.3%
Not likely to get much attention as data will feel stale
Boost expected from ISM supplier deliveries, higher stock prices, lower initial jobless claims

Tuesday, 8/21
No Data

Richmond Fed President Lacker speaks at Risk Management Conference
w/ Q&A

Wednesday, 8/22
No Data

Thursday, 8/23
Initial Jobless Claims 315k 322k
Have risen for past three weeks
Four week average 312.5k

Friday, 8/24
July Durable Goods +1% 1.3%
Ex-Transportation +.6% -1%
Modest slowdown in growth anticipated
Computers and metals expected to rebound
Boeing aircraft orders rose by 12% from the previous month
ISM new orders slipped to a 4m low, but remain fairly strong

July New Home Sales 825k 834k
Expected to continue falling by -1.1% in July to a new cyclical low
Dropped by -6.6% in June
Home builders index fell in July

No comments: