The U.S. Census Bureau [1] will release data for new construction spending on Monday at 10 a.m. EST.
The bureau’s last release revealed that construction spending during November 2018 was estimated at a seasonally adjusted annual rate of $1,299.9 billion, 0.8 percent above the revised October estimate of $1,289.7 billion. The November figure is 3.4 percent above the November 2017 estimate of $1,257.3 billion. During the first eleven months of this year, construction spending amounted to $1,200.7 billion, 4.5 percent above the $1,149.3 billion for the same period in 2017.
Here's what else is happening in the week ahead:
- CoreLogic Home Price Insights report, Tuesday, 10 a.m. EST
- MBA Mortgage Applications, Wednesday, 7 a.m. EST
- Census Bureau New Home Sales, Wednesday, 10 a.m. EST
- Ellie Mae Millennial Tracker, Wednesday, 10 a.m. EST
- Federal Reserve Beige Book, Wednesday, 2 p.m. EST
- Black Knight Mortgage Monitor, 9 a.m. EST
- Fed Balance Sheet, Thursday, 4:30 p.m. EST
- Bureau of Labor Statistics Jobs Report, Friday, 8:30 a.m. EST
- Census Bureau Housing Starts, Friday, 8:30 AM ET