Big Economic Data Releases Tomorrow (8/29/2019)

[Kevin Dean]

Tomorrow will be an action packed day for those who follow economic data on an ongoing basis. Here are the main items that will be released:

1. GDP Annualized Quarter over Quarter

2. Personal Consumption

3. GDP Price Index

4. Core Personal Consumption Expenditures Quarter over Quarter

5. Advance Goods Trade Balance

6. Retail Inventories Month over Month

7. Wholesale Inventories Month over Month

8. Initial Jobless Claims

9. Continuing Jobless Claims

10. Bloomberg Consumer Comfort

11. Pending Home Sales Month over Month

12. Pending Home Sales NSA Year over Year

Are you looking at this type of data on a regular basis? If so, how are you using it to drive your strategy for your Real Estate Business? Which of the data points above matter to your business and why? I would love to hear peoples thoughts on whether or not they find this economic data useful, and why or why not. Thanks!