The Washington Post

Key economic events for the week of July 22

This week should be a relatively quiet one for economic data. There are updates on the housing market and durable goods orders.


The National Association of Realtors releases June existing-home sales data at 10 a.m. Home buyers facing a shortage of homes for sale will look to this report for signs of relief in a tight market. Analysts expect sales to pick up by 1.4 percent to reach 5.27 million homes, down from last month’s jump of 4.2 percent, or 5.18 million homes. Existing-home sales are at their highest level since 2009.


The Federal Housing Finance Agency releases its May house price index at 9 a.m. Home prices are expected to increase by 0.8 percent, after an increase of 0.7 percent in April. Low inventory is keeping home prices high across the country.


The National Association of Realtors releases new-home sales data for June at 10 a.m. New-home sales are another indicator of whether the housing supply will increase. Sales should pick up by 1.7 percent, according to analysts. The number was up by more than 2 percent in May.


Durable goods orders for the month of June are released at 8:30 a.m. They reflect the health of the manufacturing sector — which hasn’t had the best run this year because of volatility in the aircraft industry. Orders are expected to increase by 1.5 percent this time around, after an increase of 3.6 percent in May.

Weekly jobless claims — out at 8:30 a.m. — are projected to touch 341,000, up from 334,000 last week.

Amrita Jayakumar covers national startups, small business issues and entrepreneurship.
Show Comments

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.