What to Look for This Week

Housing, inflation and labor market reports highlight a full week of economic data.

On Tuesday, look for home price appreciation data for September from the Case-Shiller Home Price Index and the Federal Housing Finance Agency (FHFA) House Price Index. September’s Pending Home Sales will be delivered on Wednesday.

Wednesday also brings the second estimate for third quarter GDP while crucial inflation numbers for October will be reported Thursday from the Fed’s favored measure, Personal Consumption Expenditures.

From the labor sector, ADP’s new Employment Report will give us an update on private payrolls for November when it is released on Wednesday. The latest Jobless Claims data will be reported on Thursday while Friday brings the Bureau of Labor Statistics Jobs Report for November, which includes Non-farm Payrolls and the Unemployment Rate.