The markets will be busy ahead of the Labor Day weekend. In housing news, we’ll see an update on home price appreciation for June when the Case-Shiller Home Price Index and the Federal Housing Finance Agency House Price Index are reported on Tuesday. July’s Pending Home Sales follow on Wednesday.
Job market data will also grab headlines, starting Wednesday with an update on August’s private payrolls in ADP’s Employment Report. The latest Jobless Claims will be reported on Thursday while Friday brings August’s Jobs Report from the Bureau of Labor Statistics, which includes Non-farm Payrolls and the Unemployment Rate.
In addition, the second estimate for second quarter GDP will be released Wednesday, while a crucial inflation reading will be delivered on Thursday via the Fed’s favored measure, Personal Consumption Expenditures.