The Week Ahead, Aug. 25-29
KEY EVENT: Home runs. A big week for news on the health of the housing sector sees numerous government, private economist and trade organization reports on sales of new and existing homes.
MONDAY: New home sales for July from the Commerce Department.
TUESDAY: Case-Shiller home prices for June. In May's report, home prices in the New York metropolitan area hit a 2014 high. Also, the Federal Housing Finance Agency posts single-family home prices for June. And the Commerce Department releases durable goods orders for July. Earnings: Best Buy.
WEDNESDAY: Earnings from Jack Daniels owner Brown-Forman, Tiffany and clothing retailer Tilly's.
THURSDAY: The National Association of Realtors releases pending home sales for July. Because these houses are under contract but not yet sold, it is a look ahead at expected home sales a few months from now. Also, the Commerce Department posts a revised estimate of second-quarter GDP. And jobless benefits claims for the week ended Aug. 23 from the Labor Department. Earnings: Port Washington filtrations systems maker Pall.
FRIDAY: Personal income and spending in July from the Commerce Department and consumer sentiment in August from the University of Michigan.
LIers celebrate Christmas, first night of Hanukkah ... Elmont house fire ... Boy recovering from crash ... 2024 Holiday Show
LIers celebrate Christmas, first night of Hanukkah ... Elmont house fire ... Boy recovering from crash ... 2024 Holiday Show