The Lehmann Letter (SM)
Last month this letter drew attention to weakness in housing because housing is a key indicator of consumer demand.
This month’s letters will also focus on consumer demand by examining new-vehicle sales, consumer credit and consumer confidence.
Here’s the schedule for some of October’s consume-demand-related releases.
Source (* below)……Series Description……Day & Date
BEA….New-vehicle sales…...(Approximate).Wed, 6th
Fed………..Consumer credit…...(Approximate).Thu, 7th
Census……….……..Housing starts………….Tue, 19th
NAR………………Existing-home sales…….Mon, 25th
Census…………..New-home sales………...Wed, 27th
Conf Bd………….Consumer confidence….. Thu, 21st
* BEA = Bureau of Economic Analysis of the U.S. Department of Commerce
* Census = U.S. Bureau of the Census
* Conf Bd = Conference Board
* Fed = Federal Reserve System
* NAR = National Association of Realtors
© 2010 Michael B. Lehmann
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