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Re: basserdan post# 41042

Thursday, 09/24/2020 11:05:24 AM

Thursday, September 24, 2020 11:05:24 AM

Post# of 45226

10:00a New Home Sales
Annual Rate 1,011K actual vs 965K (rev) prior
Consensus Outlook
New home sales have been literally surging, easily beating Econoday's consensus the last four reports. After July's 901,000 annual rate, Econoday's consensus for August is 875,000.
Definition
New home sales measure the number of newly constructed homes with a committed sale during the month. The level of new home sales indicates housing market trends and, in turn, economic momentum and consumer purchases of furniture and appliances.


10:30a EIA Natural Gas Inventory
Week over Week 66bcf actual vs 89bcf prior week
Definition
The Energy Information Administration (EIA) provides weekly information on natural gas stocks in underground storage for the U.S. and five regions of the country. The level of inventories helps determine prices for natural gas products.


11:00a Kansas City Fed Mfg Survey
Level 11 actual vs 14 prior
Consensus Outlook
The Kansas City Fed's manufacturing sample reported solid growth at 14 in August with 13 the expectation for September.
Definition
The Kansas City Fed index offers a monthly assessment of change in the region's manufacturing sector. Positive readings indicate monthly growth and negative readings monthly contraction. Readings at zero indicate no change. The headline number is the composite index, an average of the production, new orders, employment, delivery time, and raw materials inventory indexes.







Dan

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