Economic Events and Analysis
Week of December 22 through 26
US Calendar: This week's numbers are front loaded with the Christmas holiday on Thursday. Data for three key sectors post-housing, consumer, and manufacturing. While the consumer sector has been gaining moderate traction, the other two have been oscillating near flat trends. For the consumer, the key report is personal income-spending will be key and the Fed will be watching inflation which has been running low. For manufacturing, the notable release will be durables orders. For housing, existing home sales, new home sales, and FHFA home prices hit the wires.
Global Calendar: The next two weeks will be quiet with a dearth of new economic information. But the pace picks up on January 2 when everyone returns from their holiday break, including yours truly. Best wishes for the holiday season and thank you for your support in 2014!