Monday, July 18, 2016
The Business Week Ahead...
Housing is the week's theme, led by the housing market index on
Monday and the latest update from home builders who, despite uneven
pricing and lack of supply, have been enjoying some of the best
conditions in the economy. Housing starts & permits follow on
Tuesday with both expected to post gains. FHFA house prices, however,
are not expected to show much strength as year-on-year growth for this
index struggles at the 6 percent line. Taking Thursday's focus will be
jobless claims which have been surprisingly low and will cover the
sample week of the monthly employment report.
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