Date
GMT+01:00
Event Previous Forecast Actual
Oct, 21 13:30
New Housing Price Index
New Housing Price Index
Country:
Date: Oct, 21 13:30
Importance: Low
Previous: 0.7%; 12.2%
Forecast: -
Actual: -
Period: Sep

A component of the Consumer Price Index (CPI) that measures changes in prices for new homes. Higher housing prices suggest stronger consumer demand and growth in the housing market. At the same time, higher housing prices that accompany economic expansion often lead to inflationary pressures. The headline number is the percentage change in the index.

Note: The New Housing Price Index takes into account the quality and features of the new homes sold. For example, if selling prices for new homes are unchanged, but the features and quality of housing have increased (e.g. added swimming pool and better construction materials), then the price for new homes is considered to have fallen.

0.7%; 12.2% - -
Oct, 21 13:30
★★
Philadelphia Fed Manufacturing Index
Philadelphia Fed Manufacturing Index
Country:
Date: Oct, 21 13:30
Importance: Medium
Previous: 30.7
Forecast: -
Actual: -
Period: Oct

It is a survey conducted by the Philadelphia Fed questioning manufacturers in the Third Federal Reserve District on general business conditions. Conducted since 1968, the "Philly Fed" survey is an established report, valued for its timeliness, scope of coverage and tendency to forecast developments in the market moving ISM Manufacturing figure.

Higher Philadelphia Fed Survey figures indicate a positive outlook from manufacturers suggesting increased production. Higher production contributes to economic growth, which is generally bullish for the dollar.

Results are calculated as the difference between percentage of positive and negative scores; zero acts as the centerline point.

30.7 - -
Oct, 21 15:00
Leading Index
Leading Index
Country:
Date: Oct, 21 15:00
Importance: Low
Previous: 117.1; 0.9%
Forecast: -
Actual: -
Period: Sep

The Index includes account inventory ratios, machinery orders, stock prices and other leading economic indicators. As the aggregate of many leading indices the Leading Economic Index provides a forecast of the future state of the domestic economy and is thought to predict activity that will occur 6-9 months after the reporting period.

The index operates on a 1-100 scale, where a value lower than 50 means that most indictors are negative and a value higher than 50 means most indicators are positive. In both cases a greater distance from the midpoint (50) means that the indicators are more strongly positive or negative.

117.1; 0.9% - -
Oct, 21 15:00
Existing Home Sales
Existing Home Sales
Country:
Date: Oct, 21 15:00
Importance: Low
Previous: 5.88M; -2.0%
Forecast: -
Actual: -
Period: Sep

Records sales of previously owned homes in the United States . This report provides a fairly accurate assessment of housing market conditions, and because of the sensitivity of the housing market to business cycle twists, it can be an important indicator of overall conditions at times when housing is particularly important to the economy.

While used home sales are not counted in GDP, they do affect the United States economy. Sellers of used homes often use capital gains from property sales on consumption that stimulate the economy. Higher levels of consumer spending may also increase inflationary pressures, even as they help grow the economy.

The existing home sales report is not as timely as other housing indicators like New Home Sales or Building Permits. By the time the Existing Home Sales are recorded, market conditions may have changed.

The headline is the total value of properties sold.

5.88M; -2.0% - -
Oct, 21 15:00
Consumer Confidence
Consumer Confidence
Country:
Date: Oct, 21 15:00
Importance: Low
Previous: -4.0
Forecast: -
Actual: -
Period: Oct

Consumer confidence is a measure of popular sentiment concerning the Eurozone economy. The figure is derived from a survey that asks thousands of consumers about personal expenditure patterns and inflationary expectations. In general, rising consumer confidence precedes increased consumer spending, which drives both economic growth and inflation. Even though t he Italian economy is heavily driven by its export sector, domestic consumer confidence is an important gauge of overall economic activity and future inflationary pressures.

A headline figure above 50 shows positive consumer sentiment, while a number below 50 shows negative consumer sentiment; the greater the distance, the stronger the sentiment.

-4.0 - -