The Washington Post

Key economic events for the week of Jan. 21

This week promises to be a relatively quiet one for economic information. The highlights are likely to be the president’s inaugural address and the release of key housing data.


President Obama is formally inaugurated for his second term and delivers a speech that will lay out themes and tone for the four years ahead.

Financial markets are closed for Martin Luther King Jr. Day.


Analysts expect the gains in housing to continue as the National Association of Realtors reports on existing-home sales for December. After a strong 5.9 percent gain in November, analysts are forecasting a 1.2 percent rise in the December figure, to a 5.1 million annual rate. That would be the highest pace of home sales since the middle of 2007.

The Richmond Fed releases its January index of manufacturing activity in the Southeast, which analysts expect to edge down from December levels.


The Federal Housing Finance Agency releases its index of home prices across the United States for November. The index is expected to show a 0.7 percent gain in housing prices, which would offer further confirmation of a housing industry experiencing a rebound.

The International Monetary Fund releases an update of its World Economic Outlook.


The latest weekly initial jobless claims are expected to edge up from an unusually low reading last week. Analysts expect that 355,000 people filed new claims for unemployment insurance benefits, which would be a tick up from the 335,000 who reported the previous week. That number was the lowest in nearly five years and may well be revised upward in the new report.

The Kansas City Fed’s index of manufacturing activity is forecast to reverse its drop in December and to signal flat manufacturing output in the Mountain West states.


The Commerce Department releases new-home sales data that are expected to show a 2.1 percent jump in the rate of new-home prices, which would be the third piece of economic information of the week to point to a housing rebound.

Neil Irwin



Success! Check your inbox for details. You might also like:

Please enter a valid email address

See all newsletters

Show Comments
Most Read



Success! Check your inbox for details.

See all newsletters

Your Three. Videos curated for you.
Play Videos
Sleep advice you won't find in baby books
In defense of dads
Scenes from Brazil's Carajás Railway
Play Videos
For good coffee, sniff, slurp and spit
How to keep your child safe in the water
How your online data can get hijacked
Play Videos
How to avoid harmful chemicals in school supplies
Full disclosure: 3 bedrooms, 2 baths, 1 ghoul
How much can one woman eat?
Play Videos
What you need to know about Legionnaires' disease
How to get organized for back to school
Pandas, from birth to milk to mom

To keep reading, please enter your email address.

You’ll also receive from The Washington Post:
  • A free 6-week digital subscription
  • Our daily newsletter in your inbox

Please enter a valid email address

I have read and agree to the Terms of Service and Privacy Policy.

Please indicate agreement.

Thank you.

Check your inbox. We’ve sent an email explaining how to set up an account and activate your free digital subscription.